Builders crank up home prices amid surging demand; unsold stock down - The Economic Times

The residential markets in the National Capital Region, Mumbai Metropolitan Region, Kolkata, Pune, Hyderabad, Chennai, Bengaluru and Ahmedabad have been witnessing rising demand despite increasing prices of construction materials and hardening interest rate.

A resurgence in residential demand has led to a 5% increase in prices across the top eight cities in the second quarter of this year, when unsold inventory also declined marginally, according to a Co… [+1886 chars]

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