DEMAND for lavish and luxurious housing projects remained resilient in 2024 despite a sharp surge in property prices. 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.
Esta historia es de la edición December 29, 2024 de The New Indian Express Thrissur.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 29, 2024 de The New Indian Express Thrissur.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
A Guilty, Albeit Predictable, Pleasure
CULPA TUYA (YOUR FAULT) Director: Domingo González Genre: Romance Platform: Prime Video Language: English Rating: ★★☆☆☆
Getting to Do Spy Stuff is Fun
Keira Knightley speaks to Sally James on playing a secret agent in her latest spy thriller, Black Doves
A Story of Uneasy Love
The fast-paced love story between a Muslim girl and a Hindu boy explores the tension between tradition and modernity
Making 2025 Your Best Year
Eleven infallible strategies to transform New Year resolutions into habits
Sax and the City
The best hop, skip and jump spots for aficionados of jazz in its birthplace where the music never stops and feet never stop tapping
Making Her Blush Permanently
A latest beauty trend everyone is buzzing about has a tattoo element
Memorial for Manmohan is a Requiem for a Lost Dream
Dead people never really die. They are kept alive through man's endless need for ritual, both in the private and public realm.
It Maybe the Best of Times, but It is Surely the Worst of Times
Manmohan Singh, former PM and finance minister who launched India's 1991 economic reforms, died last week.
An Eye on the Oppressed
Photographer Jaisingh Nageswaran's childhood was defined by just one incident.
Why H-1B Visa Is In MAGA Crosshairs
Preparations continue for the second Donald Trump presidency; immigration remains a contentious issue, with the H-1B visa category—which permits employers to hire highly skilled foreign professionals temporarily—at the center of a heated political debate.
