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Property Prices May go Up By 10-15% If Construction Material Prices are Not Controlled: Credai

Property Prices May go Up By 10-15% If Construction Material Prices are Not Controlled: Credai

The builders’ body demanded that the government should take measures to control prices of raw materials and suggested reduction in GST for the purpose. Real estate builders’ body, Confederation of Real Estate Developers’ Association of India (CREDAI), has expressed concern over the sustained increase in price of raw materials including cement and steel and said […]

Average housing prices up 38 per cent in last decade

Average housing prices up 38 per cent in last decade

Property rates increased by an average 38 per cent across seven major cities in the last decade as compared to 52 per cent rise during 2000-2009, according to property consultant Anarock. In the previous decade (2000-2009), the average housing prices rose to Rs 3,784 per sq ft in 2009 from Rs 2,490 per sq ft […]