Real Estate Update

Realty prices in Delhi NCR up 10-45%

July 2011
According to a report by, a real estate portal, property prices in the Delhi-NCR region have escalated between 10-45 per cent in the last one year.

Property prices in Delhi continue to move upwards despite signs of stagnation as visible from a slowdown in the demand for homes and the resultant decline in sales volumes.

Areas in Gurgaon saw the highest level of property price appreciation in the NCR. Between Jan-Mar 2010 and Jan-Mar 2011, the per square foot prices of properties on Sohna Road were up 46.1 per cent, DLF City Phase 4 were up 41.9 per cent and in Sector 57 were up  
37 per cent.This increase in prices indicates that the sentiment in the sector has improved drastically since the slowdown.

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