All-India House Price Index rises 4.3% in Q2, according to RBI data

2 hours ago 1

All-India House Price Index (HPI) accrued 4.3 per cent annually successful the 2nd 4th of the 2024-25 fiscal twelvemonth arsenic compared to 3.3 per cent maturation successful the erstwhile 4th and 3.5 per cent maturation a twelvemonth ago, according to information released by the Reserve Bank of India (RBI).

The RBI released its quarterly location terms scale for the September 4th of 2024-25 connected Friday, based connected transaction-level information received from the registration authorities successful 10 large cities.

The cities are Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai.

The RBI said the yearly HPI maturation varied wide crossed the cities -- ranging from a precocious maturation of 8.8 per cent (Bengaluru) to a diminution of (-) 2 per cent (Kanpur).

On a sequential (quarter-on-quarter) basis, all-India HPI decreased 0.1 per cent successful the July-September period.

Ahmedabad, Lucknow, Kolkata and Chennai recorded a sequential emergence successful location prices during the latest quarter.

*** Disclaimer: This Article is auto-aggregated by a Rss Api Program and has not been created or edited by Nandigram Times

(Note: This is an unedited and auto-generated story from Syndicated News Rss Api. News.nandigramtimes.com Staff may not have modified or edited the content body.

Please visit the Source Website that deserves the credit and responsibility for creating this content.)

Watch Live | Source Article