Delhi-NCR, Bengaluru lead as home prices soar across India in Q4 2024
Delhi-NCR witnessed the highest rise amongst India's top eight cities, with average housing prices soaring by 31% YoY.
Delhi-NCR witnessed the highest rise amongst India's top eight cities, with average housing prices soaring by 31% YoY.
Latest ANAROCK data shows that average flat sizes in the top 7 cities rose by 8% annually in 2024 – from 1,420 sq. ft. in 2023 to 1,540 sq. ft. In 2024.
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.