Business EconomyPosted at: Apr 11 2025 1:47AM


Average home price raises 9 pc Y-o-Y in top 9 cities in FY25: PropEquity

Hyderabad, Apr 10 (UNI) The weighted average launch price of homes in India’s top 9 cities rose by 9 percent in FY 2024-25 to Rs 13,197 per sq ft, as compared to Rs 12,569 per sq ft in the previous year, said a report by NSE-listed data analytics firm PropEquity.
The top nine cities are Bengaluru, Chennai, Hyderabad, Kolkata, Delhi-NCR, Mumbai, Navi Mumbai, Thane and Pune, the report stated.
In the last one year, housing prices raised the most in Kolkata by 29 percent, followed by Thane (17%), Bengaluru (15%), Pune (10%), Delhi-NCR (5%), Hyderabad (5%) and Chennai (4%).
Housing Prices fell by 3% each in Mumbai and Navi Mumbai.
Samir Jasuja, Founder and CEO, PropEquity said: “Housing prices have appreciated between 10-30 per cent in Bengaluru, Kolkata, Pune and Thane. While the demand and supply have been subdued in the past one year, the rise in input cost, including land, labour and construction material, over the past couple of years have led to firming up of housing prices. The price appreciation has been growing at a slower rate, though. Average housing prices grew by 12 percent in top 9 cities FY24.”
However, in the last two financial years (FY23-25), housing prices have risen by 18 percent with Bengaluru recording the highest growth at 44 percent, Kolkata (29%), Chennai (25%), Thane (23%), Delhi-NCR (20%), Pune (18%), Navi Mumbai (13%), Mumbai (11%) and Hyderabad (5%).
According to PropEquity report, housing sales have dipped 23 percent to 1,05,791 units while supply dipped by 34 percent to 80,774 in Jan-March of 2025.
UNI KNR SS
Please log in to get detailed story.
Tags: #Average home price raises 9 pc Y-o-Y in top 9 cities in FY25: PropEquity
More News
Sensex up over 200 pts

Sensex up over 200 pts

22 Apr 2025 | 10:13 AM

Mumbai, Apr 22 (UNI) The BSE Sensex remained firm for the sixth straight session on Tuesday, rising 205 pts at 79,614.40 in opening session as buying was seen across the board amid consistent inflow from foreign investors.

see more..
Airtel announces new features in its continued fight against SPAM

Airtel announces new features in its continued fight against SPAM

21 Apr 2025 | 9:50 PM

Kolkata, Apr 21 (UNI) Following the launch of its AI powered spam detection tool that flagged over 27.5 billion calls as SPAM to its customers, telecom operator Airtel on Monday announced the introduction of two significant enhancements aimed at staying ahead of spammers.

see more..

ParamNetwork launches India’s 1st enterprise-grade Agentic AI platform

21 Apr 2025 | 7:12 PM

Pune, Apr 21 (UNI) ParamNetwork on Monday announced the global launch of (param) ai/studio, India’s first enterprise-grade Agentic AI platform, designed to meet the complex requirements of modern enterprises.

see more..

Tally Solutions launches TallyPrime 6 0, Revolutionizing financial ops for SMEs with connected banking

21 Apr 2025 | 7:06 PM

Kolkata, Apr 21 (UNI) Tally Solutions Pvt Ltd, India’s leading business automation software provider, has introduces its latest release, TallyPrime 6.0, designed to simplify financial operations for small and medium enterprises (SMEs) and make it seamless via Connected Banking experience.

see more..

JSW Energy breaks ground on 1600 MW ultra supercritical thermal power plant at Salboni in Bengal

21 Apr 2025 | 6:56 PM

Kolkata, Apr 21 (UNI) JSW Energy Limited, a leading private-sector power producer in India and a part of the $24 Billion JSW Group, on Monday commenced construction of its state-of-the-art 1,600 MW (2x800 MW) ultra supercritical thermal power plant in Salboni, West Bengal.

see more..