As housing prices surge in top cities, there are ways to strike a good deal

Expensive property may force you to make some compromises but make sure you don't sacrifice the essentials

India’s residential real estate market is witnessing a remarkable surge. According to data from real estate consultancy Anarock, property prices across the top seven cities have risen by an impressive 46 per cent between the third quarter of 2021 and 2024. The past year alone has seen an average price increase of 23 per cent.

Key drivers behind rising prices

Several factors are fuelling this upward trend. “The price growth is mainly due to an increase in the prices of construction raw materials and an overall rise in demand,” says Santhosh Kumar, vice chairman, Anarock Group.

Steady income growth over