Hyderabad sees highest 19% rise in housing price in Sep quarter: Report
Hindustan TimesHousing 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 square feet. Housing prices in Kolkata grew 12 per cent to ₹7,406 per square feet. Housing prices in Pune during the July-September period appreciated 12 per cent YoY to ₹9,014 per square feet. "The strong 10 per cent annual increase in housing prices across India's top eight cities during the third quarter of 2023 signifies a competitive and flourishing housing market," Badal Yagnik, Chief Executive Officer of real estate consultant Colliers, India, said.