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Homebuyers protest against Jaypee proj delays
The New Indian Express Bengaluru
|April 11, 2025
THE weighted average launch price of homes in India's top 9 cities rose by 9% in FY 2024-25 to Rs 13,197 per sq. ft. as compared to Rs 12,569 per sq. ft. in FY 2023-24, said a report by NSE-listed data analytics firm PropEquity.
In the last one year, housing prices rose the most in Kolkata by 29%, followed by Thane (17%), Bengaluru (15%), Pune (10%), Delhi-NCR (5%), Hyderabad (5%) and Chennai (4%). Housing Prices fell by 3% each in Mumbai and Navi Mumbai.
Samir Jasuja, founder and CEO of PropEquity said that while the demand and supply have been subdued in the past one year, the rise in input cost, including land, labour and construction material, over the past couple of years have led to firming up of housing prices.
This story is from the April 11, 2025 edition of The New Indian Express Bengaluru.
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