Launch of world's largest diamond trading hub drives 15-20% spike in luxury property values in Surat, Gujarat's upscale areas like Vesu and Dumas Road
Suburban areas of Chennai have seen remarkable price growth, driven by improved connectivity and demand for larger homes, outpacing central areas.
The Delhi-Mumbai Expressway's reduced travel time has transformed Bhiwadi into a hotspot for residential demand, driving price growth in Rajasthan's industrial hub near Delhi.
Panchkula's residential real estate prices have nearly doubled post-pandemic, fueled by HUDA sector demand from professionals and limited supply in the secondary market.
Chandigarh property values have nearly doubled in five years, driven by strategic location, NRI demand, and vaastu influences, while proposed tax hikes spark market tension.
India's real estate housing sector saw a decline in 2012, with minimal capital value rise of 1-3% in top seven cities, reports JLL.