2024 Realty Boom: Housing prices soar by 60% over five years
Strong demand has pushed property prices up by 60% on average across top cities over the last five years, with Gurugram taking the lead.
Strong demand has pushed property prices up by 60% on average across top cities over the last five years, with Gurugram taking the lead.
Many suburban housing markets in India have outperformed urban hotspots due to their greater potential for price appreciation.
Cities like Jaipur, Guntur, Gandhi Nagar and Bhubaneshwar have seen housing price surge between 15% and 65% in the last one year
Average housing prices in top India cities experienced an 11% YoY increase, reaching Rs 11,000 per square foot in the third quarter of 2024.
In India's Top 7 cities, the average home prices in H1 FY2025 reached Rs 1.23 crore, compared to Rs 1 crore in the same period of fiscal 2024.