| Click here to view map |
Guwahati is the gateway to the North-east and an important economic hub of the region. In recent years the real estate market has grown gradually. The growth has been led by organised retail and residential projects
Price Propellers
Some projects underway that could influence real estate prices in future
1. Transport
Creation of integrated transport system, improvement of existing roads, a new bus terminus at Katabari and a logistic hub are part of the transport plan
2. Housing
The National Games Village at Sarusajai, with about 700 apartments has been a catalyst for new projects along the highway Housing
3. Water-front Development
The government plans to develop the river front stretch from Kamakhya temple to Raj Bhawan (6 km) into a recreational hub by construction of embankments with Central funds
4. City decongestion
The govt plans to relocate all the wholesale markets outside the city at the logistic hubs and industries to an industrial park to decongest the city.
Investment in infrastructure
| Water supply | 33% |
| Transportation | 27% |
| Sanitation & Drainage | 24% |
| Urban renewal | 7% |
| Water-front development | 6% |
| Environment | 3% |
| Total investment in city infrastructure by 2025: Rs 3,200 crore Cost for MRTS has not been included but is estimated at approx Rs 3,000 crore | |
Water supply and transport will get 60% of the city investment plan under Jawaharlal Nehru National Urban Renewal Mission.The state government is also evaluating the need for a mass rapid transport system.
New residential projects
| Builder | Project | Location | Price (Rs)* |
| RDB Industries | Regent Paradise | Bhetapara | 18 lakh |
| Synergy | Synergy Imperial | Kahilipara | 19 lakh |
| Abode Infra. | Abode Enclave | Zoo Narengi Rd | 22 lakh |
| Sun Syndicate | Syndicate Orchids | Ganeshguri | 25 lakh |
| Brahmaputra | Spanish Garden | RC Baruah Rd | 28 lakh |
| *Average price of a 3-bedroom apartment | |||
With saturation in central parts, there has been a shift to the outskirts, up to 10 km away from the city centre.
Retail space by 2008
| Paltan Bazaar | 10% |
| Ganeshguri | 10% |
| Ulubari | 35% |
| Fancy Bazar | 15% |
| Bhangagarh | 20% |
| Others | 10% |
| Total retail space supply by 2008: 1 million sq ft | |
Majority of the retail space developments are taking place on GS Road in the form of stand-alone stores. Ganeshguri has come up fast as another important high street.
Buying options
| Area | Cheap | Price | Expensive | Price |
| Central | RG Baruah Rd | 3,000 | RC Road | 3,500 |
| North | Tilin Gaon | 750 | Amin Gaon | 1,000 |
| East | Narengi | 1,100 | Sanmari | 1,400 |
| West | Jalukbari | 1,200 | Kamakhya | 1,500 |
| South | Beltola | 1,300 | Dispur | 1,600 |
| Prices of residential properties in Rs/sq ft | ||||
| Average percentage price change in 2007 and 2008 (expected) | ||
| 2007 | 2008* | |
| North | 15% | 10% |
| East | 15% | 15% |
| West | 20% | 18% |
| South | 25% | 20% |
| Central | 40% | 25% |
| * Expected | ||
Source: Knight Frank, Jones Lang LaSalle Meghraj
