Anchored in India’s Top Cities
Bengaluru
Our headquarters, Bengaluru is where Propmart has shaped people’s real estate dreams for years. With a deep understanding of the city’s pulse, we’re here to help you find the perfect space., surrounded by a beautiful blend of nature, culture and cosmopolitan vibes while being India’s very own Silicon Valley.
Bengaluru’s real estate market has been thriving as India’s Silicon Valley, a hub for IT and innovation. As the city evolves, so does its real estate landscape.
Key trends in 2023 and Q1 2024
Residential Sales Growth
Sales surged 44% in 2023, with 44,002 units sold. 2BHKs (42%) and 3BHKs (41%) were most popular, with the ₹45–75 lakh range comprising 33% of sales.
New Residential Supply
497,965 new units were launched in 2023, up 14% from 2022, with 42% priced at ₹1–3 crore in areas like Bagalur, Panathur, and Krishnarajapura.
Trends in Q1 2024
Sales rose 40% YoY to 10,380 units but dropped 40% from Q4 2023 due to seasonal volatility. New launches fell 23% from Q1 2023.
Chennai
Our office in Chennai stands as a testament to Propmart’s commitment to fulfilling the real estate dreams of this dynamic coastal city. Known for its rich heritage, vibrant culture, and emerging urban developments, Chennai blends tradition with modernity like no other.
Chennai’s real estate market has shown significant growth, driven by infrastructure developments, industrial expansions, and the city’s appeal as a hub for education and healthcare.
Key trends in 2023 & Q1 2024
Evolving Housing Preferences and Growth Hubs
Chennai’s demand for 2BHKs and 3BHKs is fueled by urban lifestyles, with OMR, Sholinganallur, and Pallavaram emerging as key growth areas.
Manufacturing Hub and Connectivity
Chennai’s position as South India’s manufacturing hub, coupled with seamless highway connectivity, drives real estate development.
Resilient Market Trends and Lifestyle Shift
Despite seasonal fluctuations, strong demand continues, reflecting a shift toward modern, spacious homes in growing micro-markets.
Hyderabad
The city’s vibrant energy is reflected in the Hyderabad Propmart office. Whether you’re looking for a quiet homely retreat or a bustling urban abode, we’ve got you covered here. It’s a hotspot for young professionals, IT employees, and investors seeking high-growth opportunities. With thriving IT hubs, excellent infrastructure, and seamless connectivity, it’s one of India’s fastest-growing real estate markets. Emerging neighbourhoods like Kokapet and the Financial District are especially appealing, offering a mix of affordability and luxury with strong appreciation potential.
Hyderabad’s real estate market thrives in 2024, driven by demand in HITEC City, Gachibowli, Kokapet, and Narsingi. Property prices range from ₹5,500 to ₹10,500/sq. ft., with rental yields at 3.5–4.5%. Expanding infrastructure like the metro network and ORR boosts its appeal for homebuyers and investors.
Key Factors Driving Growth
Price Trends
• HITEC City, Gachibowli: ₹7,500–₹10,500/sq. ft.; luxury properties above ₹12,000/sq. ft.
• Banjara Hills, Jubilee Hills: ₹10,000–₹15,000/sq. ft.; luxury homes surpass ₹20,000/sq. ft.
• Kokapet, Narsingi: ₹5,500–₹8,500/sq. ft., benefiting from IT hub proximity.
Rental Market
Rental yields in Madhapur, Kondapur, and Manikonda average 3.5–4.5%, fueled by high IT sector demand.
Infrastructure Developments
The expanding metro network and ORR enhance connectivity, benefiting areas like Miyapur, Nagole, and Tellapur.
Pune
Pune’s blend of tradition and modernity offers a great quality of life. Our office is here to help you discover the best properties in this growing city. Known as the Oxford of the East, Pune harmoniously blends culture and nature with modern development. Its thriving IT and manufacturing sectors, excellent educational institutions, and pleasant weather make it an ideal destination for homebuyers and investors. Emerging neighbourhoods like Hinjewadi and Wagholi are gaining traction for their affordability and connectivity, offering strong potential for appreciation.
Key Factors Driving Growth
Infrastructure Boom
Projects like Pune Metro, Pune Ring Road, and the upcoming Purandar International Airport are enhancing connectivity and unlocking new growth corridors.
Smart City Vision
Ambitious initiatives aim to elevate healthcare, tourism, and urban mobility by 2030, boosting livability.
Emerging Neighborhoods
Affordable suburbs like Wagholi, Undri, and Moshi are attracting modern homebuyers, while premium areas like Aundh-Baner-Balewadi are experiencing rising demand.
Thriving IT Hubs
Kharadi’s expansion, with over 50 IT parks by 2030, is creating employment opportunities and driving housing demand. With these developments underway, Pune is well on its way to becoming a preferred destination for real estate investments, offering unparalleled opportunities for residents and businesses alike.
Mumbai
“The City of Dreams” is a bustling metropolis with a dynamic real estate market. From luxurious high-rises to promising investment opportunities, the city offers something for everyone. With its unmatched connectivity, thriving industries, and iconic lifestyle, Mumbai remains a top choice for homebuyers and investors alike.
Mumbai’s real estate market is booming, with a 21% year-on-year rise in property transactions in January, totalling over 10,900 registrations, contributing ₹746 crore to the state’s revenue. Compact apartments (500 sq. ft. and below) are driving demand, reflecting the city’s shift toward affordable, space-efficient living, while larger homes are seeing a dip in popularity.
Key Factors Driving Growth
Mumbai's real estate growth is fueled by several factors, including strong economic growth with domestic and international investments, an expanding job market, a growing young professional population, and rising interest from overseas investors.
Rental
Market
High demand in areas like Lower Parel, Bandra, and Worli, with rents ranging from ₹50,000 to ₹1,50,000 per month, driven by professionals and students.
Infrastructure Developments
Projects like the Coastal Road and Metro expansions are boosting connectivity, making suburban areas more attractive for residential and commercial growth.