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
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 Magazine, chairman, India and South East Asia, CBRE