All-India housing prices rises 6% YoY in 1QFY27 led by key markets: Kotak
New Delhi, Aug. 21 -- Real estate prices grew 6 per cent YoY at all India-level in first quarter of the Financial Year 2027, led by New Delhi, Noida, Chennai, Greater Noida and Bengaluru, according to a research report by Kotak Institutional Equities.
The report noted that most projects in Bengaluru and Gurgaon saw higher price compound annual growth rate (CAGR) over the past few years, helping lift overall real estate realization across major micro-markets.
"Average realization rose to Rs 9,629/sq. ft (+6% YoY, -2% QoQ), offsetting the impact of lower volumes and aiding 9% YoY increase in sales value," the report highlighted.
All-India residential sales in the first quarter remained modest at 247 million square feet, marking an increa...
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