NCR housing rates up 49% in 5 years, unsold inventory drops 50%

NCR residential prices surged 49% in 5 years due to rising costs and demand

per Anarock, Unsold inventory dropped significantly.

Infrastructure development and larger house demand highlighted.

Mohit Kalia noted economic recovery.

Aakash Ohri from DLF Home Developers cited robust demand and new projects reflecting a dynamic market.

The five-yearly jump in average residential prices between H1 2019

And H1 2024 from Rs 4,565 per sq ft to Rs 6,800 per sq ft

is a clear indicator of the market’s strength,” said Anuj Puri, Anarock Group chairman.