As per NHB Residex, Housing prices have soared maximum in Mumbai and Delhi in October – December 2012 quarter compared to last quarter. Out of 20 cities tracked by NHB ‘Residex’, prices have dropped in only two cities — Faridabad and Indore.
Here is the increase in prices from Q3 – 2012 to Q4 – 2012:
- Mumbai – 9.6 %
- Delhi – 9.6 %
- Patna – 9.4 %
- Kolkata – 9.4 %
- Kochi – 8.8 %
- Surat – 8.7 %
- Bengaluru – 8.2 %
- Lucknow – 8 %
- Hyderabad – 7.1 %
- Ludhiana – 6.5 %
- Ahmedabad – 6.1 %
- Guwahati – 5.1 %
- Bhopal – 4.9 %
- Jaipur – 2.4 %
- Bhubaneshwar – 2.4 %
- Vijaywada – 2.2 %
- Pune – 2 %
- Chennai – 0.6 %
- Indore – -1 %
- Faridabad – -5.1 %
The index for Delhi includes property transactions of Gurgaon, Noida, Greater Noida and Ghaziabad.