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Home > Forum > Mumbai > Real estate News > Residential land price has gone up

Residential land price has gone up

Q: I heard that the residential price in some of the cities have gone up. Is this the good time to invest in real estate?

mumbai real estate
bangalore real estate
delhi ncr real estate
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Replies (3)
1
It seems the land prices in Mumbai are likely to continue to grow in the coming future because of its poor quality infrastructure, limited availability and regulatory constraints, that have severely restricted creation of new housing stock.
Rakshit


2
What about Bangalore and Delhi NCR? How much appreciation these cities has seen?
Lokesh Patwa


In the last two years, Bangalore grew by 26.1 percent and Delhi NCR by 24.9 percent. :) :)
Diwakar Shetty,  
10th April 2014


Due to increase in prime property price and steady demand, NCR witnessed an appreciation of 24.9 percent. In case of Bangalore, increase in property prices and demand for housing due to steady job.
Abhijit More,  Bangalore
10th April 2014


3
According to recent report, over the last two years, residential land price in Mumbai have appreciated by approximately 35% mainly because of the change in norms and increase in property prices. Mumbai has been declared as the expensive city when compared to Bangalore and Delhi NCR.
Rakshit


4

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