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Gurugram, Dwarka lead premium property boom with upto 53% price rise

Business Standard LogoBusiness Standard2d ago

Gurugram, Dwarka lead premium property boom with upto 53% price rise - Business Standard

Quick Summary:

In Gurugram, the average capital values of completed and under-construction properties hit a fresh peak with 37 per cent and 30 per cent, year-on-year growth registered at city level, respectively.

The second home location, North Goa also witnessed a steep rise of 28 per cent in villa prices over the year owing to rise in ‘work from anywhere’ or remote working and relatively high rental yields, added the consulting firm.

With 43% YOY growth, sector 150 micromarket witnessed the highest growth in capital value for under-construction properties.


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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: 2024-07-01 @ 12:26:59 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 599 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 28 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 21438313

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 247 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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Publisher ID: #49

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