Under-Construction Homes Costlier Now

07 Apr 2025 CW Team

A recent Magicbricks report highlights a shift in pricing dynamics, with under-construction (UC) homes now commanding higher prices than ready-to-move (RTM) properties in major Indian metros. Cities like Delhi, Mumbai, Gurugram, and Noida show a clear price gap, driven by buyer preference for modern layouts, rising construction costs, and robust housing demand.

In Mumbai, UC properties have surged 33.4 per cent YoY, reaching INR 32,371 per sq. ft., while RTM homes are priced at Rs 28,935 per sq. ft.. Delhi’s UC homes now stand at INR 25,921 per sq. ft., significantly above RTM properties at INR 18,698 per sq. ft.. Meanwhile, Bengaluru and Hyderabad buck the trend, where RTM homes still hold a price advantage.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

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BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

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L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..