|
||
Property Prices in Delhi NCR Grow Negligibly in Apr-Jun 2015 over Jan-Mar 2015: 99acres.com | ||
New Delhi, Delhi, India Major Highlights
99acres.com Insite is a quarterly report focusing on capital and rental price trends in the residential real estate market across seven major cities of India. According to the report, property prices per sq ft in Delhi NCR witnessed negligible growth amounting one per cent in Apr-Jun 2015 as against Jan-Mar 2015. Rental values recorded an average increase of 5 per cent in the last one year (Apr-Jun 2015 vs. Apr-Jun 2014). An increase of 17 per cent was witnessed in the supply of residential apartments this quarter as against a dip of 16 per cent recorded in quarter ending March 2015. Units configured as 3BHKs continued to be the most supplied ones, followed by 2BHKs.
Commenting on the report, Mr Narasimha Jayakumar, Chief Business Officer, 99acres.com, said, “Though the market looks grim with snowballing unsold residential inventory, there is an increase in office space absorption by IT/ITeS and ecommerce firms. This is expected to keep the commercial and home rental markets of Noida and Gurgaon upbeat.” Price Trend Analysis: Delhi (Apr-Jun 2015 vs. Jan-Mar 2015)
Rental Analysis: Delhi (Apr-Jun 2015 vs. Apr-Jun 2014)
Price Trend Analysis: Noida and Greater Noida (Apr-Jun 2015 vs. Jan-Mar 2015)
Rental Analysis: Noida and Greater Noida (Apr-Jun 2015 vs. Apr-Jun 2014)
Price Trend Analysis: Ghaziabad (Apr-Jun 2015 vs. Jan-Mar 2015)
Rental Analysis: Ghaziabad (Apr-Jun 2015 vs. Apr-Jun 2014)
Price Trend Analysis: Gurgaon, Faridabad, Bhiwadi and Dharuhera (Apr-Jun 2015 vs. Jan-Mar 2015)
Rental Analysis: Gurgaon, Faridabad, Bhiwadi and Dharuhera (Apr-Jun 2015 vs. Apr-Jun 2014)
Supply Analysis (Apr-Jun 2015 vs. Jan-Mar 2015)
Link to report- http://www.99acres.com/articles/delhi-insite-report-apr-jun-2015.html
About 99acres.com: Launched by Info Edge India Ltd. in September 2005, 99acres.com is a gateway to one of the fastest growing property markets of the world, an information 'exchange' for buying, renting and selling of all types of residential and commercial properties anywhere in India. The website enables easy access to a huge property bank and allows direct connect with brokers/builders in cities as well as remote parts of the country. With over 9 million visitors visiting the website every month looking for real estate solutions, 99acres.com has over 8.5 lakh residential and commercial property listings and over 1 lakh new projects. Not only this, it has the highest traffic share, making it the most popular real estate portal in the country. Backed by a strong team and a network across 40 cities in India, 99acres.com has garnered faith and support of the real estate community in India within a very short time span. |
||
|
|||||
| |||||