Residential prices in Gurugram rise 76% in two years: Magicbricks

Residential prices in Gurugram rise 76% in two years: Magicbricks


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New Delhi: Average property prices Gurugram According to , it has increased by 76% over the last two years and 15.5% quarter-on-quarter to reach Rs 14,650 per sq ft in Q2 FY25. magicbricks report,

The report further states that despite this, prices have increased significantly housing demand Supply increased by a modest 9.9% quarter-on-quarter and supply increased by 18.3% quarter-on-quarter, driven by increased market activity led by an influx of new listings and New project launched,

With rising demand, ready-to-move-in apartment prices rose 12.9% quarter-on-quarter to Rs 13,729 per sq ft, while under-construction apartment prices rose 17.3% quarter-on-quarter to Rs 16,180 per sq ft Are. ft.

The report said that based on buyer searches, demand for 3-BHK units stood at 66%. average prices of 3-BHK Apartment It has increased by 21.6% quarter-on-quarter to Rs 14,600 per square foot.

Additionally, the average rates of builder-floors are available at Rs 12,700 per sq ft, multi-storey apartments at Rs 13,200 per sq ft, residential houses at Rs 16,100 per sq ft and luxurious villas at Rs 25,600 per sq ft.

This has also been explained in detail in the report Dwarka ExpresswayNew Gurgaon and golf course extensions are the most searched areas.

  • Published on October 7, 2024 at 01:30 PM IST

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