Housing Prices Surge in 41 Cities, Including Delhi and Mumbai

06 Dec 2023 CW Team

The National Housing Bank's (NHB) recent report sheds light on a substantial surge in housing prices during the July-September quarter, impacting 41 cities across the country. Notably, this upward trend includes prominent metropolitan areas such as Delhi and Mumbai, signaling evolving dynamics in the real estate market and posing considerations for urban housing affordability.

The report indicates that the rise in housing prices is a phenomenon experienced in various urban centers, reflecting the complex interplay of market forces and demand-supply dynamics. Cities like Delhi and Mumbai, with their historically dynamic real estate landscapes, contribute significantly to this nationwide trend.

Factors contributing to the increase in housing prices may include growing demand, limited housing supply, and the broader economic environment. The findings prompt a closer examination of the challenges and opportunities within the real estate sector, especially in major cities where housing affordability has been a recurrent concern.

As the real estate landscape evolves, stakeholders, policymakers, and homebuyers alike are likely to scrutinize these trends for their potential implications on the overall housing market. The NHB report serves as a valuable insight into the nuanced changes in housing prices, offering a comprehensive view of the market dynamics during the specified quarter and setting the stage for informed discussions on strategies to address affordability concerns.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..