Luxury Housing Market Shines in 2024
The New Indian Express Kollam|December 29, 2024
DEMAND for lavish and luxurious housing projects remained resilient in 2024 despite a sharp surge in property prices.
ARSHAD KHAN @ New Delhi

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.

Bu hikaye The New Indian Express Kollam dergisinin December 29, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye The New Indian Express Kollam dergisinin December 29, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

THE NEW INDIAN EXPRESS KOLLAM DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
The New Indian Express Kollam

Edged & gone again: Kohli's horror run

T could well have happened on the very first delivery he faced. Virat Kohli had entered a mixed reception at a packed Sydney Cricket Ground on Friday morning.

time-read
4 dak  |
January 04, 2025
The New Indian Express Kollam

Pant slows down & with it his trademark impact

Curbing instincts, batter prolonged stay at the crease but runs dried up

time-read
3 dak  |
January 04, 2025
The New Indian Express Kollam

Nair in record books, easy win for Tamil Nadu

KARUN Nair bettered the world record for scoring most List A runs without being dismissed as Vidarbha beat Uttar Pradesh, while Shreyas Iyer's 137 powered Mumbai to a massive 163-run win over Puducherry in their respective Vijay Hazare Trophy matches on Friday.

time-read
1 min  |
January 04, 2025
The New Indian Express Kollam

North East United held by Mohammedan in ISL

NORTHEAST United FC were held to a goalless draw by Mohammedan SC in the Indian Super League in Guwahati on Friday.

time-read
1 min  |
January 04, 2025
The New Indian Express Kollam

HIL: Thrilling win for TN Dragons vs Lancers

VISITING Tamil Nadu Dragons went behind twice but fought back on each occasion to hold Vedanta Kalinga Lancers to a 2-2 stalemate in regulation time and prevailed 6-5 in a shoot-out to complete a remarkable comeback, in their Hockey India League match here on Friday.

time-read
1 min  |
January 04, 2025
The New Indian Express Kollam

BSNL Loses 0.87 Mn Users to Pvt Telcos, Gains 0.46 Mn Users in Nov

STATE-owned telecom service provider Bharat Sanchar Nigam Limited (BSNL) saw a significant drop in customers in November 2024, losing nearly 0.87 million users while gaining only 0.46 million new ones.

time-read
1 min  |
January 04, 2025
The New Indian Express Kollam

Brigade Group to Develop Housing Project in Bengaluru

REALTY major Brigade Group on Friday said it has signed a definitive agreement for a land parcel located on Whitefield-Hoskote Road, Bengaluru.

time-read
1 min  |
January 04, 2025
The New Indian Express Kollam

Oil refiners may see fall in profit next financial year

INDIAN oil refineries will see their profits decline in the next financial year, according to a report by Fitch Ratings.

time-read
1 min  |
January 04, 2025
The New Indian Express Kollam

Demand for CNG vehicles soars in 2024 due to stricter emission norms

DEMAND for CNG-powered cars rose sharply in 2024 even as total passenger vehicles (PV) grew by less than 5% during the calendar year.

time-read
1 min  |
January 04, 2025
The New Indian Express Kollam

EV sector needs no more subsidies

Sector is ready, there are options available by which e-mobility can be marketed, says Goyal

time-read
2 dak  |
January 04, 2025