News18.com-Housing Prices in Top-10 Cities Surge 88% in 5 Years, Gurugram Rate Jumps 160%
The average price of newly launched residential projects in India’s top 10 cities has surged by a staggering 88 per cent over the past five years, according to a report by real estate data analytics firm PropEquity released on Monday.
Gurugram witnessed the most dramatic price growth, with average prices catapulting by 160% from Rs 7,500 per sq ft in 2019 to Rs 19,500 per sq ft in 2024. In contrast, Mumbai experienced the lowest increase at 37%, with prices rising from Rs 25,820 per sq ft to Rs 35,500 per sq ft during the same period.
Following Gurugram in terms of price growth are Noida (146%), Bengaluru (98%), Hyderabad (81%), Chennai (80%), Pune (73%), Navi Mumbai (69%), Kolkata (68%), Thane (66%), and finally Mumbai.
