2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which rank has been achieved by India in the world in terms of appreciation in housing prices?
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50
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91
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47
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11
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Explanation:
Detailed explanation-1: -India ranks 51st in global list of annual rise in housing prices: Report.
Detailed explanation-2: -How much does real estate appreciate per year in India? The average appreciation rate in India is six percent annually. Will house prices go down in 2023? Various studies show that between 2022-23, real estate prices in India will increase by 5%.
Detailed explanation-3: -India climbs five spots to 51st position globally in annual home price movement: Knight Frank.
Detailed explanation-4: -Urban housing inflation rose to 4.47% year-on-year in December 2022, versus 3.61% in the same period a year ago and 3.21% in December 2020, data from the Ministry of Statistics and Programme Implementation showed.
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