Kolkata, Feb. 25 -- Average housing prices across the top eight markets in India witnessed a 10 percent YoY rise during the last quarter of 2024, led by healthy demand momentum and positive market sentiment, according to CREDAI National president Boman Irani.
Interestingly, average housing prices have been on a rising spree for the 16th consecutive quarter, starting 2021. Price appreciation was evident in all the eight major cities, with Delhi NCR witnessing the highest rise at 31 pc YoY growth, followed by Bengaluru at 23 pc YoY rise during Q4 2024.
While affordable housing segment will continue to form the bulk of housing sales, demand within luxury and ultra-luxury segments can amplify further in 2025. Traction in these segments is lik...