Homes in Mumbai became 3% more expensive this year on rising construction costs

Apart from rising input costs, he said a strong revival in demand after the second wave of the COVID pandemic has put an upward pressure on prices

Average housing prices appreciated nearly 5 percent across eight major cities in the first nine months of this year on account of a rise in input costs and a strong revival in demand, according to property brokerage firm PropTiger.com. The weighted average prices of residential properties in primary markets across eight cities stood at Rs 6,600-6,800 per square feet at the end of September quarter, as against Rs 6,300-6,500 per square feet at the end of the December quarter, PropTiger.com said in a statement.

https://www.freepressjournal.in/business/homes-in-mumbai-became-3-more-expensive-this-year-on-rising-construction-costs

Source: The Free Press Journal