JP Morgan was able to capture four transactions in four major markets that gives pointers to a long term price growth trend.
Mumbai (Napeansea Road) over a period of 90 years returned 15% ;
Prime Delhi (Kasturba Gandhi Marg, Barakhamba Road) over 40 years has returned 17%
Gurgaon over a period of last 20 years returned 20%
Chennai (T Nagar) over a period of 80 years returned a CAGR growth of 20% ;
[All Returns in CAGR]
Ansal's residential projects in Prime Delhi have witnessed a price CAGR increase of 15-17% over the last 35-40 years. Based on recent transaction, prime South Mumbai [Carmichael Road] bungalows have registered 15% CAGR over the last 60-70 years.
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