Financial Express-Delhi-NCR leads Sept 2024 Housing Price Index with unprecedented growth
Property values in the National Capital Region (NCR) have shown significant increase in a rather short time span as the country’s rich continue to pour millions in this highly-promising residential market, inspired by lifestyle aspirations. According to the latest findings of the Housing Price Index (HPI), a leading indicator of price trends in India’s key realty markets, Delhi-NCR, with an HPI reading of 178, has outperformed its peers, primarily driven by strong end-user demand, investor interest and significant value appreciation in key micro-markets such as New Gurgaon, Noida Extension and Dwarka Expressway.
Developed jointly by Housing.com and global business school Indian School of Business (ISB), the HPI serves as a tool that tracks changes in residential home prices across India’s 13 major markets.
