The report showed that the cost of buying a home in India has increased a lot compared to household income, making homes harder to afford. Representative Image Imagine buying a home in Hyderabad today—it’s 80% costlier as compared to what it was 4 years ago. The same holds in MagicBricks research that exhibited this growth, and just like the Indian real estate industry is growing...
Here's the tremendous growth of the Indian real estate sector, and Bengaluru and Hyderabad were at the forefront being the technology cities. These two cities have therefore experienced property price appreciation of over 80 percent in recent past. This is not a passing fancy, which we see in many planting sectors on the ESA. They include the increasing information technology industry, proper development...
