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Increase in housing prices upto 9.6% in 18 major cities

Posted by Margproperties I 26 February, 2013 archives 

National Housing Board

The housing prices in Mumbai and Delhi witnessed the maximum increase about 9.6%, according to the National Housing Bank (NHB) Residex. Over 20 cities were covered by the Residex among the prices for 18 cities have marginally went up. Indore and the Faridabad are the only two cities that has seen drop in prices of about -1.0% and -5.1%.

The variation of prices among the cities are as follows

  • Mumbai 9.6%
  • Delhi 9.6%
  • Kolkata 9.4%
  • Patna 9.4%
  • Kochi 8.8%
  • Surat 8.7%
  • Bangalore 8.2%
  • Lucknow 8%
  • Hyderabad 7.1%
  • Ludhiana 6.5%
  • Ahmadabad 6.1%
  • Guwahati 5.1%
  • Bhopal 4.9%
  • Bhubneswar 2.4%
  • Jaipur 2.4%
  • Vijayawada 2.2%
  • Pune 2.0%
  • Chennai 0.6%
  • Indore -1.0%
  • Faridabad -5.1%

National housing Bank (NHB) is tracking the movement of residential properties rate from 2007 on quarterly basis.

Do you have a question on which Indian cities are the best to invest. If so then visit http://www.margproperties.com/blog/top-5-real-estate-destinations-in-india-their-expected-growth-population-1990-2025.html

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