Hot Topics In Current Times
Sunday, November 27, 2005
 
25000 crores in Mumbai Building maddness.

I look around in mumbai and everywhere I see is new building constructions. The papers are full of advts of builders touting the latest amenities in the tallest of buildings. The building boom is evident in Pune, Gurgoan, Delhi and Bangalore where its thrashed the infrastructure.

I took up the saturday edition of property times from the Times of India (Nov 26th 2005) and did a quick data-analysis and came up with approximately 40k apartments which could be potentially for sale. I havn't analyzed New Bombay and beyond Thane and all the other buildings not listed but if you add those up, I think we might hit approximately 50k new apartments for sale.

If we can take the 10/20/30/40 rule for apt sizes and estimating that most apts are 2BHKs and next most are 3BHKs, 1 BHK'should be 3rd with 4 BHks as the least amount

1BHK = 10k * 20L = 2ooK L = 2000 crores
2bhk = 20k * 40L = 800k L = 8000 crores
3BHK = 15K * 60 L = 900k L = 9000 crores
4bhk = 5k * 120 L = 600k L = 6000 crores
----------------------------------------------------------------
= 25000 crores
----------------------------------------------------------------

If we add 20% as unlisted properties as 20% of the amount conservatively we can
reach 25000 + 5000 = 30000 crores rupees of real estate for sale in the next 2 years

Im befuddled by the numbers and wonder where I'm goofing up.

the table used for my analysis is below..
Builder Name Location No Blds Stories Total Flats 1 BHK 2 BHK 3 BHK 4 BHK Completion Rate No Of Apts Total Apts Terrace Avg Wings Flats/Floor
K Raheja Classique Complex Andheri(w), New Link Road 1.00 24.00 432 N Y Y N



N 3 6
K Raheja Palm Court Complex Malad (w) - Adjoining Goregoan Sports Complex 1.00 15.00 270 N Y Y N



N


AP Properties Kanta Apts SantaCruz(w) 1.00 11.00 198 N N N Y 30/10/2005


N


AP Properties Preetika Apts Andheri(e),Powai 1.00 9.00 162 N N N Y Ready


N


AP Properties Panchsmruti Borivali(e) 1.00

N Y Y Y



N


Lokhandawala township Highland Kandivali(e) 1.00

N Y Y N



N


Lokhandawala township Spring Leaf Kandivali(e) 1.00

N Y N N



N


Lokhandawala township Chrysalis Vile Parle(W),Juhu Jagrati Marg 1.00

N Y Y N



N



Inder Tower A&B Prabhadevi & Dadar 1.00

N Y Y N



N


Aristo Reality DevelopersLtd. Lloyds Estate wings e,f&g Wadala(e) 3.00 7.00 378 N Y N N



N


R.N.A builders Royal Park Kandavili (w) 1.00 24.00 432 N Y Y N



N


R.N.A builders R.N.A Azure Bandra(e) 1.00 14.00 252 N Y Y N



Y


R.N.A builders (NG) NG Royal Park KanjurMarg(e) 11.00 19.00 3762 N Y Y N



Y


Ajemra Group Shastri Nagar Andheri (w) before Lokhandawala 1.00

N Y Y Y



N


M.S Shah Nilgiri Andheri(e) near international airport 1.00 12.00 216 Y Y N N



N


Lashkaria Green Towers Andheri(w), Near Bhavans College 1.00

Y Y Y N



N


Monarch Constructions Pacific Towers Andheri(w) 3.00 15.00 810 Y Y P P



N


Dynamics Group Moksh Malad (e) - Upper Govind Nagar 1.00 8.00 144 N N Y Y



N


Royal Palms Summit Apts Goregoan 1.00

Y Y Y N



N


Divya Developments Divya Smit Kandivali(w),Mahavir Nagar 1.00

Y N N N



N


Divya Developments Divya Siddhivinayak Kandivali(w),Mahavir Nagar 1.00

N Y Y N



N


Divya Developments Divya Smruti Malad(w) 1.00

Y Y N N



N


Chiven Developers Accord Kandivali(w),Mahavir Nagar 1.00

Y Y N N



N


Lokhandawala township Whispering Palms XX Kandivali(e) 1.00

N N Y Y



N


Neelkanth Palms Thane(w),NR Tatvagyan Vidyapeeth 1.00

N Y Y N



N


Neelkanth Heights Thane(w),Pokhran Rd 2. 1.00

N Y Y Y



N


Kalpataru Tarangan Thane(w),Pokhran Rd 1. 1.00

N Y Y N



N


Rose builders Lourdes Heritage Malad(w) 1.00 15.00 270 N Y N N Dec O5


N


Bhoomi builders Bhoomi Park Malad(w),Marve Road. 1.00

Y Y Y N Ready


N


Bhoomi builders Bhoomi Valley Malad(w),Marve Road. 1.00

Y Y Y N



N


Happy Valley Happy Valley Thane(w) 1.00

N Y Y Y



N


Pride Park Pride Park Thane(w),Godbunder Rd. 1.00

N Y Y N JanO6


N


Shjree Tirupathi Green Fields Symphony Thane(w) 1.00 18.00 138 N Y Y N


138 N


Kartik Constructions Solitare Thane(w) 1.00

N Y Y N



N


Sanghvi Sanghvi Hills Thane(w),Godbunder Rd. 1.00
300 Y Y Y N


300 N


Mayuresh Srishti Mayuresh Srishti Bhandup(w) 1.00

Y Y Y N



N


Mayuresh Srishti Mayuresh Srishti Park Bhandup(w) 1.00

Y Y Y N



N


Mahadev Builders Samarath Gardens Bhandup(w) 7.00 14.00 1764 Y Y N N



N


Choudhury Builders MadhuBan Chembur Nr TISS 1.00 14.00 252 Y Y Y N Ready


N


B.Raheja. Belmonte Mahim 1.00









N


B.Raheja. Windemere Versova 1.00









N


B.Raheja. Park Plaza Versova 1.00









N


B.Raheja. Brook Haven Jogeshwari 1.00









N


B.Raheja. Iris Park 56681111 Jogeshwari 1.00









N


K.Raheja Maple Leaf. 9820880021, / 9820880023. Andheri(e),Chandivili. 1.00 12.00 216 N Y P P



N


Evershine Builders Evershine City AvenueII. /2460883 Vasai(e) 1.00

Y Y N N



N


Evershine Builders Crown Kandivili(e) 2.00 34.00 1224 N N Y N



N


Evershine Builders EMParadise. 28854246 Kandivili(e), Thakur Village. 1.00

N N Y N Ready


N


Evershine Builders Cosmic Andheri(w), Oshiwara 3.00 26.00 1404 N Y Y Y



N


Evershine Builders Sapphire Andheri(e),Chandivili. 1.00 19.00 342 N Y Y Y



N


Hiranandani Builders Meadows-Meredian Thane(w),Pokhran Rd 2. 1.00 27.00 486 N N Y N



N


Hiranandani Builders Meadows-Ixora Thane(w),Pokhran Rd 2. 1.00 27.00 486 N N N Y



N


Hiranandani Builders Meadows-Mayflower. Thane(w),Pokhran Rd 2. 1.00 26.00 468 N Y N N



N


Hiranandani Builders Meadows-Buttercup. Thane(w),Pokhran Rd 2. 1.00 27.00 486 N Y N N



N


Hiranandani Builders Hiranandani Gardens,Somerset. Powai.. 9819500117/9820394289 1.00 30.00 540 N N N Y



N


Hiranandani Builders Hiranandani Gardens,Torino. Powai 1.00 37.00 666 N N Y N



N


Hiranandani Builders Hiranandani Gardens,Octavius Powai 1.00 36.00 648 N N Y Y



N


Hiranandani Builders Hiranandani Gardens,Eldoro Powai 1.00 27.00 486 N Y Y N



N


Hiranandani Builders Hiranandani Estate - Bloomingdale Thane(w) - Patlipada 1.00 22.00 396 N N Y N



N


Hiranandani Builders Hiranandani Estate - Fiona Thane(w) 1.00 27.00 486 N N Y N



N


Hiranandani Builders Hiranandani Estate - Evelina Thane(w) 1.00 27.00 486 N N N Y



N


Hiranandani Builders Hiranandani Estate - Villa Royale Thane(w) 1.00 14.00 252 N Y N N



N


Damji Shyamji Mahavir Trinkets KanjurMarg(w) Off LBS Rd 1.00 15.00 270 Y Y N N DecO5


N


Damji Shyamji Mahavir Classik Saki Vihar 1.00 12.00 216 Y Y N N DecO5


N


Vijay Group Annexe Thane (w) - Ghodbunder Rd. 1.00

N Y Y N



N


Vijay Group Vatika Thane (w) - 9819899981 1.00

Y N N N



N


Vijay Group Enclave Thane (w) - 9819899982 1.00

N Y N N



N


Vijay Group Garden Thane (w) 1.00

Y Y N N



N


Vijay Group Park Thane (w) 1.00

Y N N N



N


Vijay Group Vilas Thane (w) 1.00

N Y Y N







Cosmos Group Cosmos Park Thane (w) 8.00 7.00 1008 Y Y N N







Cosmos Group Cosmos Park Thane (w) 1.00 12.00 216 Y Y N N












20562












37 bldsg with avg story size 15(for unknowns) * P2 *Q2


22200
















42762











 
Rededicated to India's crumbling cities - Mumbai and Bangalore

ARCHIVES
12/01/2004 - 01/01/2005 / 02/01/2005 - 03/01/2005 / 08/01/2005 - 09/01/2005 / 11/01/2005 - 12/01/2005 /


Powered by Blogger