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Housing prices rise 65% since 2023

The Sunday Guardian

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December 08, 2024

NEW DELHI Real estate projects in top tier II cities rose upwards of 65 per cent on an average since 2023, according to online real estate data and analytics platform PropEquity.

In break up, 25 cities among top 30 tier II cities witnessed a rise in prices while 5 cities saw a decline in newly launched housing projects, according to the report by NSE-listed firm.

Cities like Bhopal, Mohali, Sonepat, Trivandrum, and Mysore saw housing price fall by up to 26 per cent, according to the report.

Samir Jasuja, Founder and CEO, PropEquity said, tier II cities have seen renewed interest from developers, corporates, financial institutions.

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