Category: Real Estate

Prices of residential plots appreciated by 7 per cent (CAGR) annually since 2015 across eight major cities, while rates of apartments grew by 2 per cent (CAGR) annually during this period, Residential plots have been able to generate higher returns on investment. One of the reasons could be the limited supply of plots in big cities because of the paucity of large land parcels in the city,” said Dhruv Agarwala, CEO, Housing.Com, Makaan.Com and PropTiger.Com.