Delhi NCR sees steepest surge in property prices, rates jump 49% in 1 year

Quick Summary:

With inflationary pressures and slowing economic growth, experts suggest that policy reforms are needed to ensure the housing market remains accessible for India’s middle class.

The rise in property values is part of a broader trend of price growth across major cities in India, although Delhi-NCR stands out for its rapid appreciation.

The report highlights that while property price growth slowed in Hyderabad, which had seen nearly a decade of rapid price increases, other cities showed strong performance.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Real estate

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-31 @ 14:34:02 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 611 words

Reading Time: 4 minutes read

Sentences: 20 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25665343

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