Ghaziabad, Mumbai, Hyderabad, Pune, Delhi,
Kolkata, Chennai, Gurgaon and Noida witnessed a rise in city index values..!.
Despite weak real estate buyer sentiment, the National
Property Index went up by above 3% in the 2012 October-December quarter over
the preceding 3 months last year, a survey has said.
* National Property Index ( NPI) is a weighted average of
supply & prices across 11 cities.
* Of the 11 cities in the apartment index, 9 saw a
marginal rise, while one recorded stable values and the other registered a
small drop in the city index, leading property portal MagicBricks.com said in
its report titled PropIndex.
Highlights of PropIndex..!
* Ghaziabad,
Mumbai, Hyderabad, Pune, Delhi, Kolkata, Chennai, Gurgaon and Noida witnessed a
rise in city index values.
* Ahmedabad
registered stable values and Bangalore remained largely stable with a small two
per cent drop in the index value during the October-December 2012 quarter..
* Ahmedabad, Hyderabad & Bangalore received greater
demand for premium properties as compared to Delhi & Mumbai.
* Multi-storey apartments remained the most preferred
property type across India, where 6 out
of 11 cities witnessed over 65% demand for multi-storey apartments.
* Further, residential property worth Rs. 30 lakh to Rs.
50 lakh registered maximum consumer demand of 24%.
* Affordable properties, in the price bracket of up to
Rs. 20 lakh, witnessed second highest demand at 16%.
Full Report..!
Limited copies available for Sale!!
To place an order for hard bound copy, please send a DD/Cheque, payable at Delhi, for Rs 5000/- in favour of "Times Business Solutions Ltd". Cheques may be couriered to Bhawna Mongia, MagicBricks FC-6 Ground Floor Film City Noida 201 301.
For enquiries, send email to propindex@timesgroup.com
For enquiries, send email to propindex@timesgroup.com
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