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Housing Market Boom: NCR and MMR Prices Soar by 49% in Five Years

Housing Market Boom: NCR and MMR Prices Soar by 49% in Five Years

In the past five years, housing prices in the National Capital Region (NCR) and Mumbai Metropolitan Region (MMR) have surged by 49%, according to Anarock's latest report. This significant increase is coupled with a sharp decline in unsold inventory, dropping to its lowest in two years. The report highlights a robust demand for homeownership, driving developers to ramp up new residential supply. NCR saw a 42% rise in sales, while MMR experienced a 46% increase.

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