Financial Express-NCR sees sharpest rise in housing prices; Which city saw the slowest growth?
Average property values in India’s National Capital Region (NCR) showed a whopping 49% appreciation in the past one year as demand for luxury homes continued to sustain. This comes amid an escalation in the cost of building materials and labour, according to a new report by PropTiger.com.
As per the report titled ‘Real Insight: Residential Annual Round-up 2024’, property prices increased across cities during the October-December period of 2024, albeit in varying degrees. While price growth slowed in the southern housing market of Hyderabad after nearly a decade of sharp rise, all other cities covered in the analysis showed double-digit annual appreciation.
