Average housing prices up 38 per cent in last decade

NEW DELHI: Property rates increased by an average 38 per cent across seven major cities in the last decade as compared to 52 per cent rise during 2000-2009, according to property consultant Anarock. In the previous decade (2000-2009), the average housing prices rose to Rs 3,784 per sq ft in 2009 from Rs 2,490 per sq ft in 2000, it said.    

"Average property prices in the top seven cities in the last decade (2010-Q1 2020) saw a close to 38 per cent jump. The average price of a home in the  ..   

City-wise, Pune saw the maximum rise of 67 per cent during the period. The average price in Pune was about Rs 3,300 per sq ft in 2010 and rose to Rs 5,510 per sq ft in January-March 2020.  

The price in Pune was up 52 per cent during 2000-2009.  

In Bengaluru, the average property prices appreciated 49 per cent to Rs 4,975 per sq feet in first quarter of 2020 from Rs 3,345 per sq ft in 2010.  

Hyderabad witnessed a 45 per cent increase in price to Rs 4,195 per sq ft