Property prices have grown at a CAGR of 1-6 per cent across the high-end residential segment and at around 2-7 per cent across the mid segment since 2010, with Hyderabad, Bengaluru and Pune recording growth at the higher end of the range.
Emerges as the only city in India to record annual and quarterly increase in launches, sales and annual price appreciation, shows PropTiger research.
Sales were driven by the low base effect, less stringent lockdowns, and accelerating vaccination drives during Q22021, demonstrating improved resilience in the market, according to JLL's Residential Market Update
Improving levels of demand, along with low inventory in ready-to-move-in projects have kept prices stable in the city, says JLL
- Advertisement -