Page 2 - Property Prices In India

Property prices rise in 43 out of 50 cities in Q4 of FY23: NHB data

As many as 43 cities out of 50 registered an increase in property prices during fourth quarter of 2022-23, according to the National Housing Bank (NHB) data released on Thursday. However, 7 cities registered a decline in the property prices. The home loan rates are still lower than that of pre-Covid period leading to a healthy affordability overall, it said. India's eight key primary residential markets witnessed appreciating property prices during the January-March 2023 period. Ahmedabad with a rise of 10.8 per cent, Bengaluru (9.4 per cent), Chennai (6.8 per cent), Delhi (1.7 per cent), Hyderabad (7.9 per cent), Kolkata (11 per cent), Mumbai (3.1 per cent) and Pune (8.2 per cent) recorded an increase in the index on an annual basis as per the Housing Price Index (HPI) published by NHB. The 50 city HPI based on valuation of properties collected from banks and housing finance companies (HPI @ Assessment Prices) recorded an annual increase of 5.8 per cent during the fourth quarter o

India home prices set to stay above consumer inflation: Property analysts

Home prices in India are set to hold above consumer inflation, even though interest rates are expected to stay higher for longer than previously thought, a Reuters poll of property analysts found

Mumbai, Bengaluru among top 5 APAC cities with the steepest home price rise

Delhi was also on the list of top ten such cities with an average price rise of 6.8 per cent in the second half of 2022

Housing sales in top-7 cities up 54%, top previous high of 2014: Anarock

Current sales momentum is likely to continue in first quarter of 2023; most of the sales are driven by end-users

SC upholds Bombay HC order quashing property tax opposed by developers

Real estate developers say they paid exorbitant amounts to municipality as Land Under Construction Tax

Nearly 50% homebuyers expect property prices to increase: Report

Services activity, hiring and stable unemployment rate helping consumer confidence, it says

New rules from Sept 1 2022: LPG prices, expressway toll taxes and more

New rules are introduced on September 1, Thursday 2022. Banking norms, gas cylinders, insurance premiums and property prices will be impacted. Read this detailed article to know more

New rules from Sept 1: Toll prices, insurance, property rates and more

New Rules: Toll prices and property rates surged in Delhi and Uttar Pradesh. Audi announced a price hike on all of its models. Read this article to know what changes have been made till now

HDFC launches festive offer; cuts home loan interest rate to 6.7%

Customers can avail of new home loans starting at an interest rate of 6.70 per cent per annum, irrespective of the loan amount or employment category

Global property markets ready to soar this year on monetary, fiscal support

The global boom in property prices comes alongside soaring stock markets, which quickly bounced back from a slump on pandemic-driven economic damage and devastating job losses

Average property prices in top 7 cities increase 14%, rise most in Pune

Among the top 7 cities, Pune saw the maximum rise of 38 per cent during the period

Godrej Properties turns to 'outright land buys' as prices decline

Sensing the distress opportunities, Godrej Properties has been creating a war-chest to acquire land parcels.

PM launches physical distribution of property cards under SWAMITVA scheme

The move will pave the way for villagers to use property as a financial asset for taking loans and other financial benefits

Indian house prices to drop 5% in 2020 for first time in a decade: Poll

The Indian property market was being hobbled by a cash crunch even before the coronavirus outbreak, which has already infected more than 350,000 in the world's second most populous country

Realty check: Current rates and unit sizes in Rs 1-1.5 cr price range

If you are looking at buying real estate, an idea about prevailing rates would come in handy

Property prices rise in 14 cities during Oct-Dec; fall in Delhi-NCR: Report

Gurgaon and Delhi saw a price decline of approximately 1% and Kolkata saw a marginal drop of around 0.25%