Buying homes in major Indian cities has become costlier as rising demand for luxury units has boosted overall property prices, according to real estate consultancy firm ANAROCK.
The average house price in top seven cities, including the capital New Delhi and the financial hub Mumbai, climbed 23% from a year earlier to 12.3 million rupees ($145,707) during April-September, the Mumbai-based company said in a report on Wednesday. More than 227,400 units were sold in those urban areas during the first half of the fiscal year, it said.