India Real Estate Price Rates

India real estate price rates have increased by leaps and bounds over the last few years. Interestingly, this rise in the real estate price rates in India has taken place not only in the big cities but even in the smaller ones.

Ever since India started taking giant strides in the domain of Information Technology, the Indian economy has been growing stupendously, at an average of 8% per year. These factors have led to the increase of the price rates of real estate in India.

Among all the cities in India, Mumbai has the highest real estate prices since Mumbai is the veritable commercial capital of the country. In Mumbai, the real estate price rates are:

• Nariman point - 18000 to 40000 per sq.ft.
• Worli - 12000 to 35000 per sq.ft.
• Santacruz (west) - 7000 to 14000 per sq.ft.
• Chembur - 4000 to 7000 per sq.ft.

India real estate price rates have registered a sharp increase in the city of Bangalore as well since this is the city that has witnessed the highest IT boom in the country. In Bangalore, the real estate price rates are:

• Brigade road- 3000 to 4600 per sq.ft.
• M.G road- 2900 to 4000 per sq.ft.
• White field area- 1700 to 2200 per sq.ft.
• Vasant nagar- 2000 to 2450 per sq.ft.

India real estate price rates have always been high in Delhi for it is the capital of the country. In Delhi, the real estate price rates are:

• Connaught place - 3800 to 4800 per sq.ft.
• Minto road - 3000 to 5500 per sq.ft.
• Ashok nagar - 3000 to 5500 per sq.ft.
• Church road - 3000 to 5500 per sq.ft.

India real estate price rates in the city of Kolkata have risen steadily since Kolkata is being seen as the most promising IT destination now. In Kolkata, the real estate price rates are:

• Park Street- 2500 to 3500 per sq.ft.
• Salt lake- 1100 to 1600 per sq.ft.
• Ballygunge- 1800 to 2800 per sq.ft.
• Lake gardens- 1200 to 1500 per sq.ft.

India real estate price rates have registered a sharp increase across the length and breath of the country but the government should take steps and measures to ensure that Indian real estate rates don't soar to an extent that they go out of the means of the average man.

Money Market | Mortgage Rates | India Real Estate Fund