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Flat prices surge 170% on NCR's Yamuna Expressway in 5 years, land by 450%

Business Standard LogoBusiness Standard9h ago

Flat prices surge 170% on NCR's Yamuna Expressway in 5 years, land by 450% - Business Standard

Quick Summary:

he average price of flats/apartments has risen from Rs 2,800-3,000 per square foot in 2019 to Rs 7,900-8,100 per square foot in 2024.

The real estate market along the Yamuna Expressway began to gain momentum in 2021, driven by the gradual return to normalcy and increased interest in suburban properties.

The report further notes that the increasing preference for spacious living, driven by the remote work culture and the desire for a better quality of life, has played a crucial role in driving demand for properties along the Yamuna Expressway.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-02 @ 14:04:27 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 564 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22329298

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 291 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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