[INDIA REAL ESTATE NEWS] Good morning everyone I am Rumi Dhar from Kama Group.|
Here I have important INDIA real estate news to share with you which is as mention under.
India’s top three property markets of Mumbai, New Delhi and Bangalore have witnessed
marginal on-year decline in prices of prime residential properties in the quarter ended March,
showed Knight Frank Prime Global Cities Index.
Of these, Bengaluru has moved down 4 spots in the most recent index at fortieth rank in the
primary quarter of 2021 Against thirty sixth rank in This fall 2020 with an on-year decline of
two.7% in prime residential prices.
The premium micro-markets of the southern metropolis recorded a fall of 0.6% in annual
capital worth change in Q1 2021 to a median value of Rs 19,200 per sq ft.
New Delhi and Mumbai additionally moved one spot right down to thirty second and thirty
sixth rank, respectively, in Q1 2021 in comparison with thirty first and thirty fifth rank in This
fall 2020. New Delhi on the worldwide index remained unchanged in phrases of annual capital
worth change in the prime residential market to a median value of Rs 33,572 per sq ft in Q1
2021. Mumbai’s prime residential market registered a decline of 0.1% with a median value
of Rs 63,758 per sq. ft.
Read more at:
Have a nice day