Investing in real estate is a smart investment. I have been in the real estate domain for quite a while, so let me share my thoughts on will property price increase in 2024. As per the market trend, it seems property rates will increase by 15% but demand will remain steady. Let me share more insights on this topic.
Property Investment via NoBroker
Get personalized assistance from our property experts for FREE. Get Market Insights, Legal Support and Best Deals.

Buy your Dream Home Today
Free Assistance from Property Expert
Will Property Prices Rise in 2024?
It is highly probable that property prices will increase 10-15% in 2024. This is mainly because the building material costs continue to rise and the demand for homes is also rising steadily. Here is a list of properties that people are seeking:
Type of People | Property Type |
People seeking rental accommodation |
2 BHK |
People seeking rental accommodation |
2 BHK+ homes |
High Net Worth Individuals (HNIs) and Non-Resident Indians (NRIs) |
3 BHK |
High Net Worth Individuals (HNIs) and Non-Resident Indians (NRIs) |
3BHK+ |
High Net Worth Individuals (HNIs) and Non-Resident Indians (NRIs) |
4BHK |
So if you ask me, will property prices go up in 2024, I will say yes. Cities that will witness this hike primarily are:
Tier 1 Cities:
Mumbai
Delhi
Noida
Bangalore
Hyderabad,
Gurgaon, and
Chennai
Tier 2 Cities:
Ahmedabad
Chandigarh
Indore
Sonipat
Varanasi and
Lucknow
Since 2024 has just begun, it will take a couple of months more to observe the price trend before coming to a conclusion about the exact hike rate.
Choose a NoBroker Buyer Plan and SAVE LAKHS on brokerage During Your Property PurchaseRead More:
Will real estate prices go up in India?
Your Feedback Matters! How was this Answer?
Get personalized assistance from our property experts for Free
✔
Market Knowledge✔
Best Deals✔
Legal Support✔
Key Insights
Get Best Deal
Request Call Back

Get Best Deal
Request Call Back

Get Best Deal
Request Call Back

Get Best Deal
Request Call Back

Get Best Deal
Request Call Back

Get Best Deal
Request Call Back

Get Best Deal
Request Call Back
Related Questions
Related Questions in Generic Property Prices
Leave an answer
You must login or register to add a new answer .
Will Property Price Increase in 2024?
Tamanna
60 Views
1
1 Year
2024-03-27T08:37:49+00:00 2024-06-26T15:58:01+00:00Comment
Share