Property prices in India expected to see biggest rise in five years, rents likely to go up too1 min read . Updated: 31 May 2022, 09:01 AM IST
- House prices in Mumbai and Delhi, including its surrounding National Capital Region (NCR) is expected to rise between 4% and 5% this year and next
Property prices in India are expected to increase 7.5% on a pan-India basis this year, the fastest growth in five years, according to a Reuters poll of property analysts. Average house prices were forecast to rise 6% next year and in 2024. The poll of 13 property analysts were held during May11-27. In a March poll, the analysts had expected, an increase of 5.0% for this year.
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