All-India House Price Index Shows Notable Increase

According to the latest data released by the Reserve Bank of India (RBI), the All-India House Price Index (HPI) experienced a 3.1% increase in the third quarter of 2024-25. This marks a slight decrease from the 4.3% growth observed in the previous quarter but remains above the 3.8% increase recorded in the same period last year.

Regional Variations Highlight Diverse Market Dynamics

The data, sourced from registration authorities across 10 major cities including Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai, reveals significant regional variations. Kolkata led with an impressive 8.1% growth, whereas Kanpur saw a minimal increase of just 0.1%.

Understanding the Implications

This quarterly report provides valuable insights into the real estate market's performance, offering a glimpse into the economic recovery and consumer confidence levels. The RBI's comprehensive analysis aids stakeholders in making informed decisions in a fluctuating market environment.