Kokapet in Hyderabad ranked second, with an total value appreciation of 89 per cent and 12,920 new models provided. Costs rose to ₹9,000 per sq. ft. from ₹4,750 per sqft.
The examine famous that Whitefield ranked third within the checklist, because it witnessed an almost 80 per cent rise in residential costs within the interval with 18,600 models launched between 2019 and the primary half of 2024.
Actual property costs in Bengaluru
Greater than 94 per cent of the brand new provide in Bagaluru has been within the value vary of ₹40 lakh to ₹1.5 crore, whereas the remaining 6 per cent has been within the luxurious phase, priced above ₹1.5 crore, the examine confirmed.
The worth of recent provide in Bagaluru was within the value bracket of ₹40 lakh to ₹1.5 crore, whereas the remaining 6 per cent has been within the luxurious phase, priced above ₹1.5 crore, famous Anuj Puri, Chairman – ANAROCK Group in a launch.
Sarjapura, which ranked fifth within the checklist, with a 58 per cent value leap, has seen common costs rising to ₹9,300 per sq ft within the first quarter of FY24, up from ₹5,870 per sqft in 2019.
“The housing value progress has accelerated after the pandemic, notably if we think about the final two years,” added Puri. “The highest seven cities have collectively seen an over 44 per cent value appreciation within the final 5 years.
Whitefield was adopted by NCR’s Dwarka Expressway registering a 79 per cent value appreciation. The typical costs elevated from ₹5,359 per sqft in 2019, to over ₹9,600 per sqft in H1 2024.
Over the previous 5 years, 16,32,650 models have been launched within the prime seven cities. Mumbai Metropolitan Area (MMR) noticed the best provide, with roughly 525,430 models throughout this era, adopted by Pune with over 295,550 models.
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