Average Housing Prices Up 5% In Top 8 Cities: Report
NDTV
Average prices of residential properties in primary markets across eight cities stood at Rs 6,600-Rs 6,800 per square foot, nearly 5 per cent higher than Rs 6,300-Rs 6,500 at December end.
Average housing prices have increased by nearly 5 per cent since the beginning of this year due to a rise in input cost amid demand revival, said a report.
Average prices of residential properties in primary markets across eight cities stood at Rs 6,600-Rs 6,800 per square foot, nearly 5 per cent higher than Rs 6,300-Rs 6,500 at December end.
Prices have increased at a higher rate in key micro markets of major cities such as Hyderabad, Bengaluru, and Gurugram, it said
Pune saw 7 per cent hike at Rs 5,500-Rs 5,700 per square feet (sq. ft.) in July- September 2022 from Rs 5,100-Rs 5,300 per sq. ft. at the end of the 2021, as per Real Insight Report by PropTiger.com.