indianewsnetwork.com-India’s rising property market: Shining example of economic growth
Rising property prices give a broad hint about the health of India’s economy. This is quite visible in the case of India, where a flat in Gurugram, which is a part of the National Capital Region (NCR) was recently sold at Rs 190 crores; it was the costliest within Indian high-rise apartment sale in terms of per square foot (Rs. 1.82 lakhs per square foot) on carpet area.
In fact, properties of higher value have witnessed a jump from 16% to 43% in India in the period between 2018 and 2024, indicating buyers’ preference for premium property in the country.
If experts are to be believed, this upward trend will continue, with home prices projected to rise by 6.5% in 2025.
