https://groups.commonfloor.com/news/house-prices-to-fall-nhb-30762 Property News India and Featured Real Estate Stories Fri, 11 Sep 2015 08:40:17 +0000 hourly 1 http://wordpress.org/?v=3.3.2 https://groups.commonfloor.com/news/house-prices-to-fall-nhb-30762/comment-page-1#comment-60020 Home prices likely to fall; CREDAI responds to govt concern Mon, 10 Dec 2012 05:51:25 +0000 http://www.commonfloor.com/stories/?p=30762#comment-60020 [...] Housing prices in India have shot up astronomically over the last decade. Indian housing prices have been subjected to the steepest rise in the world in the last 10 years since 2001. House prices have increased by 284% in real terms,  equivalent to an average annual rise of 14% after allowing for inflation. To own a house has become so much difficult in Mumbai, that one cannot afford even a one bedroom apartment for less than Rs one crore. Prices have gone beyond the reach of an average Indian in places like South Delhi, Gurgaon and Noida, too. [...] [...] Housing prices in India have shot up astronomically over the last decade. Indian housing prices have been subjected to the steepest rise in the world in the last 10 years since 2001. House prices have increased by 284% in real terms,  equivalent to an average annual rise of 14% after allowing for inflation. To own a house has become so much difficult in Mumbai, that one cannot afford even a one bedroom apartment for less than Rs one crore. Prices have gone beyond the reach of an average Indian in places like South Delhi, Gurgaon and Noida, too. [...]

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