Highest increase in housing price is Delhi-NCR in Year 2022
Prices of residential land during the index period of July to September have witnessed the highest annual price increase of 14 per cent at an average ₹7,741 per square foot. The report also highlights the different segments in Delhi-NCR which proposed a faster pace of sales. CREDAI ( The Confederation of Real Estate Developers’ Associations of India ) explained that up to September 2012, there were just 2,584 lots sold across Delhi-NCR The report observes that “Because of the positive impact of the lockdown, some are optimistic about performance. With the real estate sector in Delhi-NCR witnessing the highest price gains last year, some are optimistic about the market economy. Particularly those industries which were currently disrupted; for example, those in the travel and hospitality sectors.” “Since the beginning of 2022, house prices have been rising on the back of increased demand since last year, paired with rising input prices.” After Delhi’s metro prices took a plun...