This particular segment defied a slowdown in economic growth as the growing tribe of high-net-worth individuals did not shy away from making big-ticket purchases.
As per data issued by real estate consultant firm Anarock, housing prices rose between 13-30% year-on-year in 2024 across the top 7 cities, primarily due to increased input costs and strong homebuyer demand. Delhi-NCR recorded the highest yearly jump of 30% in average residential housing price—from ₹5,800 per sq. ft. in 2023 to nearly ₹7,550 per sq. ft. in 2024. The top 7 cities together saw a 21% yearly jump in average residential price from ₹7,080 per sq. ft. in Q4 2023 to over ₹8,590 per sq. ft. in Q4 2024.
هذه القصة مأخوذة من طبعة December 29, 2024 من The New Indian Express Mysuru.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 29, 2024 من The New Indian Express Mysuru.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
MRPL Reports 28% Decline in Net Profit to ₹304 Crore
Mangalore Refinery and Petrochemicals Limited (MRPL) reported a 28% decline in its net profit to ₹304 crore for the third quarter of FY25.
Axar Steps Into A New Role
Now part of the leadership group, the all-rounder doesn't feel the need to prove to anyone
Pragg wins; Gukesh draws
INDIAN Grandmaster R Praggnanandhaa defeated compatriot P Harikrishna, while Arjun Erigaisi settled for a draw in the second round of the 87th Tata Steel Chess Tournament here.
SA20: Sunrisers enter play-offs
SUNRISERS Eastern Cape defeated Durban Super Giants by six wickets to enter the playoffs of the SA20 here.
Will be key player in electric 3-wheeler market: TVS
CHENNAI-based auto major TVS Motor has set its sight on becoming a key player in the rapidly-growing electric three-wheeler market within the next three quarters.
U'KHAND CABINET CLEARS UCC RULES
THE Uttarakhand Cabinet on Monday approved the Uniform Civil Code's (UCC) regulations, close to a year after the legislation was passed by the state assembly.
Meghalaya Mob Attempts to Attack School, Curfew Imposed
CURFEW was clamped in areas falling under the Mawkynrew village in Meghalaya's East Khasi Hills district on Monday following an incident of mob violence involving a school.
NIMAS team finishes Arunachal leg of Brahmaputra rafting expedition
A team of the National Institute of Mountaineering and Adventure Sports (NIMAS) has achieved a milestone by completing the Arunachal Pradesh leg of the historic Brahmaputra River Rafting Expedition.
Govt Selects 24 Cos Under PLI Scheme For White Goods
The government has selected 24 companies under the third round of the production-linked incentive (PLI) scheme for white goods.
Army Man Killed in Encounter in J&K's Sopore
A soldier has been killed in the ongoing gunfight between militants and armed forces in Zaloora, Sopore area of Jammu and Kashmir's Baramulla district on Monday.