indianexpress.com-Home prices in Pune surge 28%, push residents to city’s outskirts
Home prices in major Indian cities have increased significantly, with Pune registering a 28 per cent spike in the first half of the financial year 2024. This sharp surge has led to a steady drop in property sales, including in Pune, New Delhi and Mumbai.
According to a recent report published by real estate consultancy ANAROCK, a three per cent decline in overall unit sales has been observed in comparison to the property sales in 2023.
The report highlighted the real estate trends from the top seven cities—the Mumbai Metropolitan Region, Delhi and the National Capital Region, Bengaluru, Pune, Chennai, Hyderabad and Kolkata. Delhi-NCR registered the highest spike with average home prices going from Rs 93 lakh to Rs 1.45 crore, while Kolkata recorded the slowest jump, going from Rs 53 lakh to Rs 61 lakh between the first half of FY 2024 to the first half of FY 2025.
