Housing Prices Surge 10% Annually in Top Indian Cities, Driven by Strong Demand and Infrastructure Development

The average housing prices across India’s top eight cities witnessed a significant 10% annual increase in the first quarter of 2024 (Q1 2024). This surge in prices is attributed to robust residential demand, especially in the premium and luxury housing segments, as buyers seek stability in the lending ecosystem and invest in emerging micro-markets benefiting from infrastructure projects.

Supply of Homes for Sale Surges in Seaside Locations

According to property website Zoopla, there has been a significant increase in the availability of homes for sale in various seaside locations across Britain. This surge in supply has resulted in an expanded selection of properties for home-buyers, accompanied by a potential rise in prices. Zoopla reports a 20% increase in the number of properties listed compared to the previous year, with notable growth in areas such as Cornwall, Dorset, and Lincolnshire.

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