Delhi-NCR records 16% Y-o-Y surge in housing prices

15 Jun 2023 CW Team

CREDAI, Colliers, and Liases Foras, the housing prices in Delhi-NCR experienced the highest increase among the top eight cities, rising by 16% in the January-March period. The surge in prices can be attributed to the growing demand and increased construction costs. The joint report, titled 'Housing Price-Tracker Report Q1 2023,' was published.

Housing prices in the top eight cities showed an 8% year-on-year increase. Delhi-NCR witnessed the most substantial rise in residential prices, with a 16% Y-o-Y increase, followed by Kolkata and Bengaluru, which saw 15 percent and 14 percent YoY increases, respectively.

The report noted that housing prices in Delhi-NCR have been steadily rising for the past 11 quarters. It specifically highlighted the significant price surge of 59 percent YoY in Dwarka Expressway, primarily driven by the opening of the Central Peripheral Road and the loop connecting Dwarka Expressway with NH-8.

Golf Course Road in Gurugram experienced a surge of 42% Y-o-Y in housing prices, making it the highest-priced area in the NCR region, surpassing rates in Delhi.

The data revealed an 11% Y-o-Y increase in housing prices in Ahmedabad during the January-March period, averaging Rs 6,324 per square feet. Bengaluru witnessed a 14% price increase, reaching Rs 8,748 per square feet, while Chennai saw a modest rise of 4%, reaching Rs 7,395 per square feet. Hyderabad experienced a 13% appreciation in residential property prices, amounting to Rs 10,410 per square feet. Kolkata witnessed a 15% rise, reaching Rs 7,211 per square feet. Delhi-NCR saw a 16% Y-o-Y increase, reaching Rs 8,432 per square feet. Pune recorded an 11% increase in rates, reaching Rs 8,352 per square feet.

On the other hand, the Mumbai Metropolitan Region (MMR) witnessed a 2% decrease in prices, amounting to Rs 19,219 per square feet.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..