Hub and Oak’s Post

Under-construction housing prices rise 30.6% in January-March ▶ Under-construction residential project prices in India's top 13 property markets surged by 30.6% year-on-year from January to March, driven by heightened demand, as per the latest PropIndex report by Magicbricks. ▶ Demand for under-construction properties increased by 7.8% sequentially during the quarter, resulting in a 1.7% price growth. ▶ Noida and Greater Noida experienced significant on-quarter price rises of 7.1% and 6.1%, respectively, while Bengaluru and Mumbai saw 5.7% sequential price growth each. ▶ Historically, homebuyers have favored completed projects, but there's been a noticeable shift towards more affordable under-construction properties due to escalating residential prices in 2023.  ▶ This shift in preference has led to a rise in prices of under-construction properties across the board. . . . . . . . . #propertymarket #RealEstateTrends #Homebuying #HousingPrices #IndiaRealEstate #underconstruction #ResidentialProperty #realestate #realestateindia #hubandoak

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Rubina Kapoor

Student at Delhi University

8mo

Thanks for sharing

Garima Kotroo

Currently working at Hub & Oak Realty

8mo

Insightful

Farheen Siddiqui

HR & Event Manager at Hub and Oak Realty

8mo

Well said

Mukul Panchal

Search Engine Optimization Executive

8mo

Informative

Shweta Sheel

Social Media Manager

8mo

Great news

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