If you are going to buy a house, then read this report, the prices have increased by 13 percent in a quarter.
If you are going to buy a house, then this news can prove to be useful for you. In the increasing inflation, getting a house is becoming a dream for the people. Which is becoming difficult to make true. Property rates are continuously increasing since Corona. Sometimes construction materials are getting costlier and sometimes home loan EMIs. In such a situation, efforts are being made to buy houses everywhere.
You will be surprised to know, but in the last one quarter only the property rates have increased by 13%. This includes metro cities to small towns. Let us tell you where in which city the houses are the most expensive.
read this also: Know these things before buying a house, it will help in taking loan
Homes became costlier by 13 percent
According to the report of real estate website PropTiger, property rates have increased by about 7 per cent in the realty market this year. On the other hand, their rates have increased the most in metro cities like Bengaluru and Delhi NCR. In the first quarter of this year, property rates have increased by 6 per cent in Delhi NCR and by 13 per cent in Bengaluru.
Living in Delhi NCR has become expensive
If you live in Delhi NCR or Noida and dream of buying a property here, then it can be difficult for you. Properties in Delhi and its adjoining borders have become very expensive. Property rates in Noida, Greater Noida, Ghaziabad and Gurugram have seen an increase of up to 6 per cent. At the same time, property rates have increased by 6% in Kolkata and 5% in Mumbai in the first quarter.
Due to the increase in the rate of residential property, it is becoming difficult for the people living on rent to live here. Flat owners have also increased the rent of their flats. Rent has also increased by more than 10 percent here.
Price increased in Bangalore as well
According to the report of proptiger, the maximum rates have increased in this quarter in Bangalore. Here the rate of residential property has increased by 10 percent.