You are here: Home » Companies » News
Business Standard

Buying a house? Prices to rise at half the rate of inflation in 2019: Poll

House prices have risen at almost double-digit rates for over a decade in India

Reuters  |  Bengaluru 

India house prices will rise at half the rate of consumer price inflation next year, hit by dwindling credit supply, according to a Reuters poll of housing market experts who said Delhi, the national capital, will be hit hardest. House prices have risen at almost double-digit rates for over a decade in a country of 1.3 billion people, where for many, owning a home is still a dream. Major cities in India have become some of the most densely populated in the world. Asia's third-largest economy is also grappling with a liquidity crunch after a large lending firm, Infrastructure ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, November 16 2018. 08:56 IST
RECOMMENDED FOR YOU