Property prices in India's 5 metros may witness sharpest spikes

The current slump in the Indian housing market may end soon. Rapid urbanisation is bound to stoke demand for homes over the next few years, raising prices. A report by property consultancy Knight Frank identifies 13 residential destinations in India - across five metros - likely to witness the sharpest spikes in prices and ranks them on the basis of how quickly prices will double their present value. Not a single residential location in the east figured in the list of top 13 real estate investment hotspots in India. Source: businesstoday.intoday.in