Housing prices up nearly 5% across 8 cities in Jan-Sept

23 Nov 2022 CW Team

Average housing prices appreciated nearly 5% across eight major cities in India the in the first nine months of 2022, which is attributable to a rise in input costs and a strong revival of demand, according to a report by property brokerage firm PropTiger.com.

According to the report, the weighted average prices of residential properties in primary markets stood at Rs 6,600-6,800 per square foot at the end of the September quarter, as against Rs 6,300-6,500 per sq ft at the end of the December quarter, across these eight cities.

“We are witnessing a modest price increase in the primary housing market. This is mainly because of the sharp rise in prices of key raw materials like cement and steel,” the company's group CFO Vikas Wadhawan said.

Building Material

08 Sep 2025

India Must Curb Imports to Shield Aluminium Sector: ALEMAI

The Aluminium Extrusion Manufacturers Association of India (ALEMAI) has urged the government to revise import duties, review free trade agreements (FTAs), and implement policies that encourage domestic consumption in order to mitigate the impact of increased US tariffs on aluminium imports.Speaking at the curtain raiser event of ALUMEX India 2025, India’s first dedicated aluminium extrusion exhibition, ALEMAI President Jitendra Chopra stated that although the industry has an installed capacity of three million tonnes per annum, only 1.2 million tonnes are currently utilised. In contrast, imp..

Push Renewed for Ganjam Greenfield Airport Project

The long-standing demand for a Greenfield Airport in Ganjam district, Odisha, has regained momentum as local residents and leaders renew calls for swift action from both the state and central governments. Despite prolonged discussions over the years, a final decision on a suitable location is yet to be taken.The urgency intensified after the central government identified land for a greenfield airport just 30 km away, at Baruva in neighbouring Andhra Pradesh. In response, Odisha’s Transport Minister has urged authorities to establish a similar facility at Subani village, located close to the ..

AAI Proposes Private Aviation Terminal at Pune Airport

The Airports Authority of India (AAI) has proposed the development of a dedicated general aviation terminal at Pune International Airport, exclusively for private helicopters and chartered aircraft. The proposal forms part of a larger 300-acre airport expansion project, estimated at Rs 30 billion, aimed at easing congestion and streamlining passenger movement at one of India’s fastest-growing aviation hubs.Currently, non-scheduled operators must share space with commercial airlines, leading to delays and operational bottlenecks. The proposed terminal seeks to resolve these issues by providin..