indiatoday.in-Gandhinagar housing prices jumped highest in India in 6 years: The growth story
The latest data of the National Housing Board’s Residential Index (Residex), comparing prices between 2018 and September 2024, has revealed that the highest leap in rates countrywide was in Gandhinagar, the capital of Gujarat. Price per sq. feet of built-up property more than doubled, a feat not matched by any city under the NHB study. At No. 2 was neighbouring Ahmedabad, where the carpet rate per sq. ft doubled in the six-year period.
Gandhinagar’s composite carpet rate jumped by 120 per cent, from Rs 3,581 per sq. ft in June 2018 to Rs 7,883 per sq. ft in September 2024. The rates skyrocketed by 99.5 per cent in Ahmedabad, from Rs 3,698 per sq. ft to Rs 7,380 per sq. ft in the same period.
