high number of unsold inventories in many cities, especially in the premium and luxury segments, are perceived to be the main drivers for decreasing prices.
In the first half of 2023, Hyderabad showed the highest growth of 10 percent in residential unit price. There was a general increase in prices per square feet in the residential market in all eight major metropolitan regions. The residential real estate market has slowly recovered from coronavirus pandemic. The coronavirus (COVID-19) pandemic as well as aYear-on-year change in residential pricing across India in H1 2023, by city
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Knight Frank (Knight Frank Research). (July 5, 2023). Year-on-year change in residential pricing across India in H1 2023, by city [Graph]. In Statista. Retrieved May 15, 2024, from https://www.statista.com/statistics/1033409/india-residential-pricing-growth-rate/
Knight Frank (Knight Frank Research). "Year-on-year change in residential pricing across India in H1 2023, by city." Chart. July 5, 2023. Statista. Accessed May 15, 2024. https://www.statista.com/statistics/1033409/india-residential-pricing-growth-rate/
Knight Frank (Knight Frank Research). (2023). Year-on-year change in residential pricing across India in H1 2023, by city. Statista. Statista Inc.. Accessed: May 15, 2024. https://www.statista.com/statistics/1033409/india-residential-pricing-growth-rate/
Knight Frank (Knight Frank Research). "Year-on-year Change in Residential Pricing across India in H1 2023, by City." Statista, Statista Inc., 5 Jul 2023, https://www.statista.com/statistics/1033409/india-residential-pricing-growth-rate/
Knight Frank (Knight Frank Research), Year-on-year change in residential pricing across India in H1 2023, by city Statista, https://www.statista.com/statistics/1033409/india-residential-pricing-growth-rate/ (last visited May 15, 2024)
Year-on-year change in residential pricing across India in H1 2023, by city [Graph], Knight Frank (Knight Frank Research), July 5, 2023. [Online]. Available: https://www.statista.com/statistics/1033409/india-residential-pricing-growth-rate/