Northward journey
Business India|June 12 - 25, 2023
Housing prices go up subsequent to strong demand
ARBIND GUPTA
Northward journey

Housing prices across the top eight cities in India increased .8 per cent y-o-y amidst strong housing demand and consistent quality launches by top developers. This was revealed by Housing Price-Tracker Report Q1 2023, jointly commissioned by CREDAI-Colliers-Liases Foras.

Delhi-NCR saw the highest increase in residential prices at 16 per cent y-oy, followed by Kolkata and Bengaluru with 15 per cent and 14 per cent y-o-y increase, respectively. Despite rising interest rates, housing prices have been on the rise, led by consistent demand seen since last year. As the interest rates are now expected to have peaked, a pause in the rising repo rate paired with healthy domestic economic outlook will keep the market sentiment upbeat, says the report.

この記事は Business India の June 12 - 25, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Business India の June 12 - 25, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。