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Building a residential home is most expensive in Mumbai

Variation in costs in different cities can be attributed to different demand levels, proximity to supply centres and efficiency of logistics networks, says a CBRE report

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Variation in costs in different cities can be attributed to different demand levels, proximity to supply centres and efficiency of logistics networks, says a CBRE report

Rs 3,125per sq ft 
Cost of construction of a residential apartment in Mumbai

Rs 2,750/sq ft 
Cost of construction in Delhi and Pune

Rs 2,500/sq ft 
In Chennai and Bengaluru

8.2 billion sq ft 
Overall stock of developed real estate in urban centres likely by 2025

People expected to get employment 
1,70,00,000

Implementation of GST has come as a breather for the real estate industry. Aimed at introducing uniform taxation, GST has enabled builders to source materials from suppliers in a transparent manner 
Anshuman Magazinechairman, India and South East Asia, CBRE

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