Regional SA s Units Market Is the Fastest Growing in the Country 5au.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 5au.com.au Daily Mail and Mail on Sunday newspapers.
According to Magicbricks Research, Greater Noida saw the highest increase in its average prices at 32.4%, followed by Noida 28.7%, Hyderabad 23.3%, and Gurgaon 23.1%. Among the major cities, Chennai with 4% price growth, Kolkata with 8% and Pune with 10.1% rise remained the most affordable during the last two years.
While the demand for housing in these cities increased 7.8% year-on-year and 10.4% quarter-on-quarter, supply declined 8.3% on-year and 7.4% sequentially, indicating a tightening of inventory that led to the price rise during the period.
Financial pressures continuing to bite Consumer confidence is continuing to languish at low levels in the face of mounting financial pressures. The Westpac McDermott Miller Consumer Confidence Index rose 5.4 points in June, to a level of 83.1. However, .