India, July 16 -- Bengaluru's high-end residential market witnessed rise in average capital values in under-construction projects by around around 32-35% YoY, outpacing the around 30-32% YoY rise in completed projects, driven by growing buyer preference for future-ready, amenity-rich developments with sustainable design and early-stage pricing advantages, combined with limited supply in prime micro markets and rising input costs influencing new launches, the report showed.
Central Bengaluru recorded the sharpest rise in average capital values for under-construction luxury projects with a YoY rise of around 45%-48%, driven by limited land availability, premium positioning, and strong demand for modern, upscale residences in well-connected...
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