Housing prices up 9% in one year across 9 cities despite demand slowdown

According to the data, Hyderabad saw the maximum increase of 9 per cent in basic selling price to Rs 5,434 per sq ft

Housing prices have increased by up to 9 per cent in the last one year across nine major cities despite demand slowdown and over-supply in the overall property market, according to News Corp-backed PropTiger data.
 

According to the housing brokerage firm’s report ‘Real Insight: Q4 FY20’, the weighted average prices rose in seven cities, while rates were stable in one city and declined in another one during January-March 2020 compared to the corresponding period previous year.
 

Apartment prices are of primary market and not the secondary (or resale) market.
 

According to the data, Hyderabad saw the maximum increase of 9