fortuneindia.com-Under-construction homes now costlier than ready-to-move properties
India’s real estate market is witnessing a new pricing trend, with under-construction (UC) homes now outpacing the prices of ready-to-move (RTM) properties across major metros, according to the latest insights from real estate platform Magicbricks.
In Delhi, the average price of a ready-to-move apartment stands at ₹18,698 per sq. ft., while under-construction homes have surged to ₹25,921 per sq. ft. A similar pattern is evident in Gurugram, where average price of under-construction homes has reached ₹17,185 per sq. ft., significantly higher than ready-to-move properties at ₹14,617 per sq. ft., the report said.
