On each occasion, these Gurgaon apartments, adjacent to Delhi, were sold in about three days.
Most of these apartments sold for close to Rs 7 crore. Some 25% of these apartments were bought by non-resident Indians or NRIs according to reports.
While India's middle class tightens its belt, cutting back on everything from tea to two-wheelers due to soaring consumer inflation, the richest 1 per cent who own 40 per cent of the country's wealth are snapping up homes in cities with well-paying jobs, says the Reuters poll.
The poll adds that average home prices in India are set to rise steadily over the coming years driven mainly by demand from wealthy individuals, while rising cost of living will make owning a property unattainable for most people.
Esta historia es de la edición December 03, 2024 de The Free Press Journal.
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Esta historia es de la edición December 03, 2024 de The Free Press Journal.
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Bradman's cap fetches Rs 2.63cr in auction
Australian legend Don Bradman's 'Baggy Green' Test cap from the 1947-48 series against India was sold for an astounding $390,000 (Rs 2.14 crore), which rose to $479,700 (Rs 2.63 crore) after auction fees.
NZ PENALISED, GOOD NEWS FOR INDIA
New Zealand's aspirations of qualifying for the World Test Championship Final suffered a setback after they were docked three penalty points due to slow over-rate against England, leading to a drop in the ranking table, the ICC stated on Tuesday.
Prez to be chief guest at maiden celebration in Odisha
Authorities have deployed approximately 125 platoons of forces, including the Central Armed Police Forces, in Odisha ahead of Navy Day, which will be celebrated in the state on December 4.
Why promises to farmers not fulfilled: Dhankhar
VICE-PRESIDENT QUESTIONS HIS OWN GOVT
Casting update
Renowned casting director Mukesh Chhabra has launched a nationwide search for a fresh face to play the female lead in an exciting new Hindi film directed by Sai Rajesh, a national award winner.
The Roshan Legacy
I waited for Hrithik to bloom into maturity before I launched him, says actor & director Rakesh Roshan
Nargis unaware of murder
Report says Nargis Fakhri has not been in touch with her sister Aliya Fakhri for 20 years, learned about murder through the news
Allana sets up semis clash with Al Barkaat
The Harris Shield final match will be played from December 16-18 at CCI, Brabourne Stadium
Priyanshu from Jindal VMS wins U-16 2000M gold
The SFA Championships 2024 in Mumbai showcased exciting athletics on Day 2. In the boys' U-16 2000m tournament, Jaiswal Priyanshu from Jindal Vidya Mandir Vasing won the gold medal with a time of 8:31.30.
Bopanna stars on debut
TENNIS PREMIER LEAGUE | Gives Rajasthan Rangers winning start; Vardhan's Hyderabad Strikers' also start with a win
