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Delhi-NCR’s primary housing market saw an average increase of 24 per cent annually during the July-September period due to better demand, especially for luxury homes, according to Anarock.
Real estate consultant Anarock data showed that the average price of residential properties across Delhi-NCR at Rs 8,900 per sq ft during July-September from Rs 7,200 per square foot in the year-ago period.
Gurugram, Noida, Greater Noida, Delhi, and Ghaziabad are major markets in Delhi-NCR.
Overall, across seven major cities of India, the consultant mentioned that the housing prices rose 9 per cent to Rs 9,105 per sq ft from Rs 8,390 per sq ft.
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Among seven cities, Delhi-NCR saw the maximum rise