Premium Residential Market Sees Price Hikes Led by Gurugram & NOIDA

The premium residential market in major cities
The premium residential market in major cities is experiencing notable price increases, with Gurugram leading with a 53% rise, followed by NOIDA, according to Savills India. North Goa, a popular second-home location, saw a 28% increase in villa prices, driven by the rise in remote working and high rental yields.

Under-construction projects in the top three cities have appreciated by up to 30% over the year, outpacing ready properties due to new amenities and configurations. This strong demand is further bolstered by the RBI maintaining interest rates for the sixth consecutive time, adding momentum to the residential market.

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