How did Delhi-NCR and Mumbai housing prices surge by nearly 50% in five years?

Homebuyers in India's two biggest metros, Delhi-NCR and Mumbai, brace yourselves – housing prices have skyrocketed nearly 50% in the last five years! According to real estate consultant Anarock, this surge is driven by a potent combination of rising demand and increasing construction costs. But whether this growth is sustainable remains to be seen.

Jul 9, 2024 - 04:00
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How did Delhi-NCR and Mumbai housing prices surge by nearly 50% in five years?
Homebuyers in India's two biggest metros, Delhi-NCR and Mumbai, brace yourselves – housing prices have skyrocketed nearly 50% in the last five years! According to real estate consultant Anarock, this surge is driven by a potent combination of rising demand and increasing construction costs. But whether this growth is sustainable remains to be seen.

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