Business Standard

Tuesday, December 24, 2024 | 10:40 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

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

Run-up to LS polls: Businesses await short term consumption-led spike
Premium

Representational image.

Raghavendra Kamath Mumbai
Average property prices in the top 7 cities (2013-2020-end) saw close to an increase of 14 per cent. 

The average price of a home in the top 7 cities rose from around Rs 4,895 per square ft in 2013 to Rs 5,599 per sq ft by 2020-end. 

Among the top 7 cities, Pune saw the maximum rise of 38 per cent during the period. This was followed by Bangalore and Hyderabad with 20 per cent growth each. 

Affordability of homes – calculated as the ratio of home loan repayment to income – is expected to touch 27 per cent in

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in