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moneycontrol.com-Under-construction luxury housing properties see up to 55% YOY price growth, Gurugram leads

Under-construction residential projects in major cities have recorded price appreciation soaring up to 55 percent over the year. According to Savills India, the ongoing price movement demonstrates a strong demand base, reflecting the positive sentiment in the market.

 

Data showed that Gurugram led the surge in under-construction luxury property values, with prices increasing upto 55 percent year-on-year. Bengaluru and North Goa saw gains of 25 percent and 16 percent respectively compared to previous years. Under-construction luxury projects in Mumbai witnessed 10 percent Y-O-Y increase in prices.

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