Housing prices in Tier II cities see up to 65 per cent surge: Report
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1 month ago

Housing prices in Tier II cities see up to 65 per cent surge: Report

New Indian Express  

The weighted average price of new launch projects in the top 30 Tier II cities increased by up to 65 per cent between 2023 and October 2024, according to a report by NSE-listed data analytics firm PropEquity. In North India, Jaipur recorded the highest rise in the weighted average price of new launch projects at 65 per cent, increasing from Rs 4,240 per sq. Samir Jasuja, Founder & CEO of PropEquity, commented, “The cheap availability of land in these cities, followed by the massive development of connectivity infrastructure and strong demand, has led to increased supply of premium and luxury housing from not just incumbent developers but new entrants cashing in on the potential of these cities as growth centres and employment hubs driving the next phase of India’s growth story.” In Southern India, Guntur recorded a 51 per cent increase in the weighted average price of new launch projects, reaching Rs 5,169 per sq. In Eastern India, Bhubaneswar recorded a 15 per cent increase in the weighted average price of new launch projects, reaching Rs 7,731 per sq.

Cities Prices 65 Per Cent Tier Ii Cities Cent Rise New Launch Projects  cent  rise  cities  tier  housing  sq  weighted  65  prices  ii  rs  ft  report  saw  projects  surge

History of this topic

India real estate: Housing sales marginally down by 4% in top seven cities, Kolkata and Chennai the most hit: ANAROCK
2 weeks, 2 days ago

India real estate: Housing sales marginally down by 4% in top seven cities, Kolkata and Chennai the most hit: ANAROCK

Hindustan Times  

Housing sales in the top seven Indian cities witnessed a marginal fall of 4% in 2024, with over 4.59 lakh units being sold compared to over 4.76 lakh units in 2023, according to the data of ANAROCK, a real estate consultancy. India real estate update: Housing sales in the top seven Indian cities witnessed a marginal fall of 4% in …

Delhi NCR beats Bengaluru, Mumbai in residential price growth; leads housing price index
2 weeks, 5 days ago

Delhi NCR beats Bengaluru, Mumbai in residential price growth; leads housing price index

Hindustan Times  

Driven by strong end-user demand and investor interest, the Delhi National Capital Region has shown significant appreciation in residential prices with a Housing Price Index of 178 between June to September, a joint study by Housing.com and the Indian School of Business on December 23 showed. Delhi National Capital Region has shown significant appreciation in residential prices with a Housing …

Housing sales in Dec qtr to fall 21 pc in top 9 cities; demand up 25 pc in NCR: PropEquity
3 weeks ago

Housing sales in Dec qtr to fall 21 pc in top 9 cities; demand up 25 pc in NCR: PropEquity

Live Mint  

New Delhi, Dec 21 Housing sales are estimated to fall 21 per cent annually across nine major cities during October-December period to 1.08 lakh units on high base effect, according to PropEquity. Housing sales are estimated to fall in Hyderabad by 47 per cent to 12,682 units during October-December 2024 from 24,044 units in the year-ago period. In Bengaluru, sales …

Avg housing prices up in 23 major tier II cities; rates fall in 5 small towns: PropEquity
1 month ago

Avg housing prices up in 23 major tier II cities; rates fall in 5 small towns: PropEquity

Live Mint  

New Delhi, Dec 5 The weighted average prices of housing projects launched across 23 tier-II cities during January-September this year increased up to 65 per cent, while rates fell in five cities, according to PropEquity. According to data compiled by real estate data analytic firm PropEquity, Jaipur saw the maximum 65 per cent rise in weighted average prices to ₹6,979 …

Real estate prices in Tier 2 cities: Jaipur records highest growth in property prices at 65%
1 month ago

Real estate prices in Tier 2 cities: Jaipur records highest growth in property prices at 65%

Hindustan Times  

The weighted price of new launch projects in the top 30 tier II cities increased by up to 65% between 2023 and October 2024. In North India, Jaipur saw the highest rise in the weighted average price of new launch projects, at 65%, from ₹4240 per sq. Price rise in Tier 2 cities in the Southern and Western regions In …

Avg housing prices up 11pc in Jul-Sep in 8 cities, highest 32pc rise in Delhi-NCR: Report
1 month, 1 week ago

Avg housing prices up 11pc in Jul-Sep in 8 cities, highest 32pc rise in Delhi-NCR: Report

Live Mint  

New Delhi, Dec 2 India's eight major residential markets saw an average 11 per cent increase in prices annually during the September quarter on strong housing demand, with Delhi-NCR witnessing the highest appreciation at 32 per cent, according to a report. "Average housing prices across the top eight markets in India rose 11 per cent Y-o-Y at ₹11,000 per square …

Properties worth ₹50 lakh: Here’s what you can buy in Mumbai and MMR
1 month, 1 week ago

Properties worth ₹50 lakh: Here’s what you can buy in Mumbai and MMR

Hindustan Times  

Mumbai real estate market is the most expensive real estate market in the country and purchasing a home in the financial capital is a dream come true for many homebuyers considering that apartments cost as much as ₹20,000 per sq ft to ₹1.50 lakh per sq ft if not more. "With a budget of ₹50 lakh in Mumbai, homebuyers can …

Mumbai and Delhi among top APAC cities to record highest price growth in the luxury housing segment
1 month, 2 weeks ago

Mumbai and Delhi among top APAC cities to record highest price growth in the luxury housing segment

Hindustan Times  

Mumbai and Delhi-NCR are among the top cities in the Asia Pacific region to record the highest annual price growth in the luxury housing segment. Mumbai and Delhi are among the top cities in the Asia Pacific region to record the highest annual price growth in the luxury housing segment. The average price for the prime residential market in the …

Affordable Cities in India in 2024: The Least and the Most
3 months, 4 weeks ago

Affordable Cities in India in 2024: The Least and the Most

The Hindu  

Affordable Cities in India in 2024: Finding an affordable city in India can be a game-changer, especially in 2024 when the cost of living has been varying significantly. 2024: The Most Affordable Cities in India A recent analysis was done by a market source investigating the price-to-income ratio and the EMI-to-income ratio in various cities of the country. According to …

THESE cities are most affordable for housing investments: Check list here
4 months ago

THESE cities are most affordable for housing investments: Check list here

India TV News  

Proptech firm Magicbricks, in its latest report - 'Housing Affordability in Major Indian Cities' - showed that Chennai, Ahmedabad and Kolkata are among the most affordable cities for investment in the housing segment. "Chennai, Ahmedabad, and Kolkata are among the most affordable cities for residential investments in 2024, while the Mumbai Metropolitan Region and Delhi emerged as the least affordable," …

India's Housing Market Sees Demand For Homes With Rent Between Rs 20K-30K Soar: Study
4 months, 1 week ago

India's Housing Market Sees Demand For Homes With Rent Between Rs 20K-30K Soar: Study

ABP News  

Indians are increasingly demanding for rental units in the range of Rs 20,000 to Rs 30,000 per month, a latest study revealed. The rent range of Rs 10,000 to Rs 20,000 was the second highest in demand at 22 per cent in the domestic housing market. Meanwhile, Delhi saw individuals preferring units with a rent range of Rs 50,000 to …

Average housing prices up 12% annually in April-June; NCR sees maximum appreciation of 30%: Report
4 months, 2 weeks ago

Average housing prices up 12% annually in April-June; NCR sees maximum appreciation of 30%: Report

Hindustan Times  

Average housing prices increased by 12% annually across eight major cities across the country with Delhi-NCR witnessing the highest price rise of 30%, a report by Credai, Colliers and Liases Foras has said. Average housing prices increased by 12% annually across eight major cities across the country with Delhi-NCR witnessing the highest price rise of 30% Positive homebuyer sentiment and …

Hyderabad real estate: High-end housing demand up; ₹1-2 crore units secure over 50% share
5 months, 1 week ago

Hyderabad real estate: High-end housing demand up; ₹1-2 crore units secure over 50% share

Hindustan Times  

Hyderabad’s high-end housing segment, comprising homes priced between ₹1-2 crore, has grown to account for almost half of the city’s residential sales and launches, a joint report by CBRE and CREDAI Telangana has said. High-end housing demand rises in Hyderabad; ₹ 1-2 crore units secure over 50% share According to the report, sales in the ₹1-2 crore segment, which held …

Affordable housing launches drop 21% in April-June period across 7 major cities as builders focus on premium units
5 months, 4 weeks ago

Affordable housing launches drop 21% in April-June period across 7 major cities as builders focus on premium units

Hindustan Times  

Real estate developers' focus on the premium housing segment priced between ₹3-5 crore led to launches growing by around 170% year-on-year, luxury segment priced above ₹5 crore followed with 116% growth. Real estate developers' focus on the premium housing segment led to launches growing by around 170% year-on-year, luxury segment followed with 116% growth, a report by JLL said New …

Affordable housing supply drops 21% as premium apartments surge in major cities: JLL India report
5 months, 4 weeks ago

Affordable housing supply drops 21% as premium apartments surge in major cities: JLL India report

New Indian Express  

NEW DELHI: New supply of affordable apartments costing below Rs 50 lakh declined by 21 per cent in the April-June period across seven major cities as builders are launching more premium flats, according to real estate consultant JLL India. JLL India on Friday released data for the housing market of major seven cities, showing a 5 per cent increase in …

Housing sales in top 30 Tier 2 cities increase by 11% in FY2024 on the back of high demand: PropEquity
6 months ago

Housing sales in top 30 Tier 2 cities increase by 11% in FY2024 on the back of high demand: PropEquity

Hindustan Times  

Housing sales across top 30 Tier II cities increased 11% annually to nearly 2.08 lakh units during the last fiscal year on the back of high consumer demand driven by robust economic growth, infrastructure development and growing desire for home ownership, according to data analytics firm PropEquity. Housing sales across top 30 Tier II cities increased 11% annually to nearly …

Mumbai up 11 notches in global cost of living ranking; Delhi rises 4 spots, Chennai & Bengaluru drop: Check standings
6 months, 3 weeks ago

Mumbai up 11 notches in global cost of living ranking; Delhi rises 4 spots, Chennai & Bengaluru drop: Check standings

Live Mint  

Mumbai continued to be the most expensive city in India for expatriates, as per Mercer's 2024 Cost of Living Survey released on June 17. Despite Mumbai's rise in rankings, the overall affordability of Indian cities remains a key advantage for multinational organisations or Indian companies looking to attract global talent.” Among the cities in Asia, Mumbai is now the 21st …

Avg housing prices increase by 10% in Jan-Mar across top 8 cities; Bengaluru and Delhi-NCR witness 19% and 16% growth
7 months, 3 weeks ago

Avg housing prices increase by 10% in Jan-Mar across top 8 cities; Bengaluru and Delhi-NCR witness 19% and 16% growth

Hindustan Times  

Average housing prices increased by 10% annually during Q1 2024 on the back of strong residential demand. While each of the top eight cities witnessed annual price appreciation, average housing prices in Bengaluru, Delhi NCR, Ahmedabad, and Pune registered double digit growth, a report has said. Bengaluru witnessed the maximum price increase of 19% Bengaluru witnessed the maximum price increase …

Why are house prices so high in India? | In Focus podcast
10 months, 1 week ago

Why are house prices so high in India? | In Focus podcast

The Hindu  

February 29, 2024 04:10 pm | Updated 05:06 pm IST Housing is a basic requirement for dignity of life. But affordable decent housing remains a distant dream for most Indians, especially in urban India. Close to 17% of all households in urban India live in slums, with this percentage shooting up to 41% in a city like Mumbai and 29% …

Housing prices increase by around 20% in MMR, Bengaluru, Delhi-NCR and other cities in the last two years
10 months, 1 week ago

Housing prices increase by around 20% in MMR, Bengaluru, Delhi-NCR and other cities in the last two years

Hindustan Times  

Amidst a positive economic outlook, housing demand has scaled up and property prices across the top eight cities in India have surged by around 20% in the last two years, a report by Credai, Colliers and Liases Foras has said. Bengaluru, Delhi NCR, and Kolkata have witnessed the highest rise in average housing prices at about 30% in 2023 compared …

Housing Sales in 7 Cities Rise 31% to 4.76 Lakh Units
1 year ago

Housing Sales in 7 Cities Rise 31% to 4.76 Lakh Units

Deccan Chronicle  

Chennai: Housing sales in the top 7 cities have created a new peak in 2023, increasing 31 per cent over the previous year. Around 4.76 lakh housing units were sold in 2023 in the top 7 cities, against 3.64 lakh units in 2022, a 31 per cent increase. In terms of supply, around 4.45 lakh new units were launched in …

Housing sales makes new peak in 2023
1 year ago

Housing sales makes new peak in 2023

Deccan Chronicle  

Chennai: Housing sales in the top 7 cities have created a new peak in 2023, increasing 31 per cent over the previous year. Around 4,76,530 housing units were sold in 2023 in the top 7 cities, against 3,64,870 units in 2022 – 31 per cent increase. In terms of supply, around 4,45,770 new units were launched in 2023 against 3,57,640 …

Hyderabad sees highest 19% rise in housing price in Sep quarter: Report
1 year, 1 month ago

Hyderabad sees highest 19% rise in housing price in Sep quarter: Report

Hindustan Times  

Housing prices rose annually by an average 10 per cent during the July-September quarter this year across top eight cities in India on better demand, according to a joint report by CREDAI, Colliers and Liases Foras. Housing prices in Ahmedabad rose 9 per cent to ₹6,613 per square feet, while rates appreciated 18 per cent in Bengaluru to ₹9,471 per …

Mumbai, Delhi & Bengaluru among cities with highest annual rise in property rates
1 year, 2 months ago

Mumbai, Delhi & Bengaluru among cities with highest annual rise in property rates

Hindustan Times  

The year-on-year growth in average annual prices of prime residential or luxury homes in three Indian cities was among highest in the world, with each city ranking in top 20 out of 46 cities analysed by real estate consultant Knight Frank India in its ‘Prime Global Cities Index’ for Q3 2023. Higher rates mean we have moved into a world …

Mumbai, Bengaluru secure 19th, 22nd positions globally in housing price appreciation: Report
1 year, 2 months ago

Mumbai, Bengaluru secure 19th, 22nd positions globally in housing price appreciation: Report

Hindustan Times  

Indian cities Mumbai and Bengaluru jumped from 95th and 77th positions to 19th and 22nd positions, respectively, on a global index measuring housing price appreciation in the second quarter of this year, that is from April to June, according to a report from real estate consultancy firm Knight Frank. The growth in residential prices in 107 cities across the globe …

Housing prices rose across 43 cities in Q1 of FY24: Report
1 year, 4 months ago

Housing prices rose across 43 cities in Q1 of FY24: Report

Hindustan Times  

Housing prices rose in 43 cities in the first quarter of 2023-24, while the rates of residential units fell in seven cities, according to National Housing Bank. Eight key primary residential markets -- Ahmedabad witnessed a 9.1 per cent appreciation in property prices while Bengaluru 8.9 per cent and Kolkata 7.8 per cent during the April-June 2023 period. READ | …

India’s housing market enjoys rapid growth, but can it last?
1 year, 5 months ago

India’s housing market enjoys rapid growth, but can it last?

Live Mint  

The Indian real estate market is showing robust performance in the second quarter of 2023, with sales maintaining its momentum as new supply continues to pour in. The ISB – Housing.com Housing Price Index shows an increase of 7.21% in property prices during Q2 2023, a jump from both Q1 2023’s 6.78% and Q2 2022’s 2.83%. Housing Price Index - …

Housing prices across 8 major Indian cities increased by 7% in Q2 2023: Report
1 year, 5 months ago

Housing prices across 8 major Indian cities increased by 7% in Q2 2023: Report

Hindustan Times  

Housing prices in Delhi-NCR rose by an average 14 per cent year-on-year during April-June period, but fell 3 per cent in Mumbai Metropolitan Region, according to a joint report by CREDAI, Colliers India and Liases Foras. Among eight cities, MMR was the only cities that saw fall in average prices during the April-June quarter by 3 per cent to ₹ …

Residential sales in eight cities second highest in a decade in H1 2023
1 year, 6 months ago

Residential sales in eight cities second highest in a decade in H1 2023

Hindustan Times  

MUMBAI: The residential sales in the top eight cities touched 1.56 lakh units in the first half of 2023, the second highest in a decade, said the half yearly report on real estate released by international property consultants Knight Frank on Tuesday. HT Image The luxury segment homes priced above ₹1 crore grew from 25% in H1 2022 to 30% …

Delhi-NCR sees highest annual rise of 16% in housing prices among top 8 cities in Jan.-March: Report
1 year, 6 months ago

Delhi-NCR sees highest annual rise of 16% in housing prices among top 8 cities in Jan.-March: Report

The Hindu  

Housing prices in Delhi-NCR rose to the maximum, by 16%, in the January-March period among top eight cities on better demand and higher construction cost, according to a report by CREDAI, Colliers and Liases Foras. As per the data, housing prices in Ahmedabad rose by 11% YoY during January-March this year to an average rate of ₹6,324 per square feet. …

Housing Prices In India Increase Sharply In Q1, See An Average 7% YoY Jump: PropTiger
1 year, 8 months ago

Housing Prices In India Increase Sharply In Q1, See An Average 7% YoY Jump: PropTiger

News 18  

Housing prices in India surged sharply during January-March 2023, with the average price rise across all the major realty markets in the country being nearly 7 per cent as compared to last year, according to a report by PropTiger.com. The average rate of properties in Bengaluru saw a 10 per cent appreciation in the past one year, making it the …

Premium home boost to India's housing market, overall sales at 9-year high
1 year, 10 months ago

Premium home boost to India's housing market, overall sales at 9-year high

India Today  

India saw a spurt in housing prices as soon as it stepped out of the pandemic. Housing sales, prices rise hand-in-hand Mumbai and Bengaluru are among the top five best-performing Asia-Pacific residential markets in terms of annual price growth in the second half of 2022. While housing prices in Mumbai and Bengaluru rose by 7 per cent annually, housing prices …

Housing sales in metros at new peak in 2022; Mumbai tops list: Report
2 years ago

Housing sales in metros at new peak in 2022; Mumbai tops list: Report

Hindustan Times  

Housing sales in the top metropolitans in India have created a new peak in 2022, breaching the previous high of 2014. About 364,900 units were sold in 2022 against 236,500 units in 2021 across the top 7 cities, a rise of 54 on a yearly basis, data from real estate consultancy firm Anarock showed. The last peak was seen in …

Bengaluru sees highest appreciation in average housing prices for Jul - Sept
2 years, 3 months ago

Bengaluru sees highest appreciation in average housing prices for Jul - Sept

Hindustan Times  

Average housing price across eight cities rose 3-10 per cent year-on-year in July-September this year, while office rent grew up to 13 per cent on higher demand for properties, according to Knight Frank India. As per the data of primary housing market, the average price in Bengaluru rose 10 per cent to ₹5,428 per square feet in July-September quarter from …

Housing prices up 5% in June quarter
2 years, 4 months ago

Housing prices up 5% in June quarter

Deccan Chronicle  

Chennai: Housing prices in the top eight cities, on average, moved up 5 per cent in the June quarter, while NCR saw a 10 per cent rise. MMR, the costliest real estate market, saw only a 1 per cent rise in housing prices at Rs 19,677 per square foot. Housing prices in the Delhi-NCR property market saw the highest annual …

Housing prices in Bengaluru up by 4% in April-June quarter: Report
2 years, 4 months ago

Housing prices in Bengaluru up by 4% in April-June quarter: Report

Hindustan Times  

The square foot price of residential housing in Bengaluru increased by four per cent to ₹7,848 in the April to June quarter as compared to last year. Housing prices in Bengaluru returned pre-pandemic levels by rising four per cent in the second quarter, making it the highest price in three years. Below is a table detailing the increase in housing …

Investing in tier 2 and tier 3 cities
2 years, 5 months ago

Investing in tier 2 and tier 3 cities

The Hindu  

The real estate market in tier 2 and tier 3 cities is experiencing exponential urbanisation as investors learn about the advantages of doing business in these areas. The Ministry of Commerce and Industry had said recently that nearly 50% of the recognised startups in India were now from tier 2 and 3 cities. The Indian government has taken several measures …

Property prices in India expected to see biggest rise in five years
2 years, 7 months ago

Property prices in India expected to see biggest rise in five years

Live Mint  

Property prices in India are expected to increase 7.5% on a pan-India basis this year, the fastest growth in five years, according to a Reuters poll of property analysts. According to the Reuters poll, prices in Mumbai and Delhi, including its surrounding National Capital Region, is expected to rise between 4% and 5% this year and next. Improving housing demand …

Hyderabad sees highest demand for luxury houses in percentage terms
2 years, 7 months ago

Hyderabad sees highest demand for luxury houses in percentage terms

Deccan Chronicle  

Hyderabad: Continuing the post-Covid trend of living life like a king, people have shifted their preference from affordable housing to mid-end and high-end houses. This is very evident from analysing buyer behaviour in the top seven cities in the last fiscal year FY21-22 — nearly 80 per cent of the demand is for mid-end and high-end homes, with the affordable …

Housing sales up 7% in 8 big cities in Jan-Mar period: Report
2 years, 9 months ago

Housing sales up 7% in 8 big cities in Jan-Mar period: Report

Live Mint  

Housing sales saw a 7 per cent year-on-year rise to 70,623 units from the January-March period across 8 big cities of the country, real estate consultancy firm PropTiger's data shows. The report, 'Real Insight Residential - January-March 2022', says amid higher demand, the new supplies also increased 50 per cent to 79,532 units during January-March 2022 vs 53,037 units during …

How affordable housing in India has become unaffordable
2 years, 9 months ago

How affordable housing in India has become unaffordable

Live Mint  

If you were planning to buy your dream home this year, the ongoing Russia-Ukraine conflict could derail your plans. According to a report 'Real Insight Residential - Annual Round-up 2021' by PropTiger.com Property Housing prices across eight major cities in India, including Mumbai, Delhi, Chennai, Kolkata and Bengaluru, rose by 3 per cent to 7 per cent, partially due to …

Petrol Price Nears Rs 102/Litre in Delhi, Rs 108/Litre in Mumbai. Check Fuel Prices
3 years, 5 months ago

Petrol Price Nears Rs 102/Litre in Delhi, Rs 108/Litre in Mumbai. Check Fuel Prices

News 18  

Petrol and diesel prices on July 19 remain unchanged. In the nation’s capital, Delhi, the petrol rates are stagnating at Rs 101.84 per litre, which marks a 30 paise hike from its last pump price. In the start-up hub, Bangalore, motorists have been contending with a price of Rs 105.25 per litre of petrol since Saturday. In Chennai the price …

Housing sales falls 26% in Jan-Mar in top cities, new supply plunges 51%: Report
4 years, 8 months ago

Housing sales falls 26% in Jan-Mar in top cities, new supply plunges 51%: Report

Live Mint  

Real estate developers sold 26 per cent less apartments during January-March period across nine major cities as economic slowdown and coronavirus outbreak affected demand, News Corp-backed PropTiger said. In Maharashtra, housing sales in Mumbai declined 14 per cent to 23,969 units while Pune saw 15 per cent fall in demand to 15,523 apartments. In Delhi-NCR region, Gurugram faced 73 per …

Realty sector slowdown: Housing prices in Gurugram fall by 7 per cent; Noida by 4%
4 years, 10 months ago

Realty sector slowdown: Housing prices in Gurugram fall by 7 per cent; Noida by 4%

India TV News  

Housing prices in Gurugram and Noida fell 7 per cent and 4 per cent, respectively in the last five years on demand slowdown, huge delays in execution of residential projects and many big developers turning bankrupt, according to News Corp-backed realty portal PropTiger. It said the average housing prices in Gurugram, Haryana fell 7 per cent to Rs 5,236 per …

Delhi-NCR, Mumbai, Chennai, Kolkata: Average apartment sizes shrink in top cities
5 years, 3 months ago

Delhi-NCR, Mumbai, Chennai, Kolkata: Average apartment sizes shrink in top cities

India TV News  

As builders seek to reduce apartment sizes to boost affordability, the average area of residential flats has shrunk 27 per cent over the past five years in seven major cities, but dimensions in the NCR region have fallen merely six per cent, according to Anarock. The property consultant said, the average apartment sizes in the top seven cities - Mumbai …

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