For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

RBI Data: Housing Prices Rise In Q4

By
|

All India Housing Price Index (HPI) increased 2.7 per cent year-on-year in March quarter 2020-21, as per a data released by RBI on Monday. The Reserve Bank of India released its quarterly HPI for January-March 2020-21, based on transaction-level data received from housing registration authorities in ten major cities.

 

The cities covered are: Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow and Mumbai. All-India HPI increased year-on-year by 2.7 per cent in the fourth quarter of 2020-21 compared to 3.9 per cent growth a year ago. The HPI growth showed large variation across major cities, from an increase of 15.7 per cent (Bengaluru) to a contraction of 3.6 per cent (Jaipur).

 
RBI Data: Housing Prices Rise In Q4

"On a sequential (quarter-on-quarter) basis, all-India HPI growth rate moderated to 0.2 per cent in Q4:2020-21," RBI said. As per the data, Delhi, Bengaluru, Kolkata and Jaipur recorded a sequential decline in HPI, whereas it increased for other six cities.

(PTI)

Story first published: Monday, June 21, 2021, 20:45 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X