Poging GOUD - Vrij
Luxury Housing Market Shines in 2024
The New Indian Express Kannur
|December 29, 2024
Rush for Luxury Abode
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.
Dit verhaal komt uit de December 29, 2024-editie van The New Indian Express Kannur.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Kannur
The New Indian Express Kannur
Behind Closed Doors
Inside India's growing constellation of private supper clubs, cultural circles, and members-only societies
2 mins
November 02, 2025
The New Indian Express Kannur
30 countries to join major maritime info sharing workshop in Haryana
AMID the growing importance of global maritime security, Gurugram will next week host the world's leading maritime experts for the Maritime Information Sharing Workshop (MISW) 2025, the Indian Navy's flagship event organised by the Information Fusion Centre, Indian Ocean Region (IFC-IOR).
1 mins
November 02, 2025
The New Indian Express Kannur
Connect Before You Correct
Facts rarely change minds; warmth does. Connection disarms defensiveness, turning resistance into willingness to learn
4 mins
November 02, 2025
The New Indian Express Kannur
S’pore submits Zubeen’s autopsy, toxicology reports
THE Assam Police have received crucial postmortem and toxicology reports of music icon Zubeen Garg from Singapore authorities.
1 min
November 02, 2025
The New Indian Express Kannur
Share of women still low in global peace ops
A quarter century after the UN Security Council first linked gender equality to peace and security, women still make up less than one in ten soldiers and fewer than one in three civilian staff in multilateral peace operations.
2 mins
November 02, 2025
The New Indian Express Kannur
When the Forest Stares Back
A nocturnal trail in Sri Lanka's Sigiriya shows how humans can coexist with wildlife
2 mins
November 02, 2025
The New Indian Express Kannur
The Alpha School Project: A Daring Innovation
The Alpha Schools enterprise is a highly innovative experiment in school education in the US that commenced in 2014 based essentially on the use of AI. It is a bold departure from the traditional. Its essential features focus on personalised learning, efficiency, and holistic development. Founded in Austin, Texas, the Alpha School challenges the conventional modelwhere students endure lengthy lectures across fragmented subjects-by reallocating time to AI-powered learning and essential life skills. This for-profit private institution is crafting footprints in other cities. It also plans potential charter school integrations for broader access. It has at the same time sparked a debate: Is it a transformative force or a fleeting experiment?
2 mins
November 02, 2025
The New Indian Express Kannur
Moscow says will abide by Indian laws
SC: Don't want to pass order which may hurt Russia ties
1 min
November 02, 2025
The New Indian Express Kannur
Hosabale slams Kharge’s RSS remarks
RASHTRIYA Swayamsevak Sangh (RSS) general secretary Dattatreya Hosabale on Saturday dismissed Congress president Mallikarjun Kharge's call to ban the RSS, saying that society has accepted the organisation as one that works for national unity, security, culture and development.
1 mins
November 02, 2025
The New Indian Express Kannur
'We can't Live Under a Threat'
Rebecca Ferguson speaks with Hilary Morgan about her latest film, A House of Dynamite, and why it is important to have conversations about nuclear powers
3 mins
November 02, 2025
Listen
Translate
Change font size