All-India House Price Index (HPI) increased 4.3 per cent annually in the second quarter of the 2024-25 fiscal year as compared to 3.3 per cent growth in the previous quarter and 3.5 per cent growth a year ago, according to data released by the Reserve Bank of India (RBI).

       {"uid":"5","hostPeerName":"https://www.business-standard.com","initialGeometry":"{\"windowCoords_t\":9,\"windowCoords_r\":1060,\"windowCoords_b\":815,\"windowCoords_l\":9,\"frameCoords_t\":1635.0999755859375,\"frameCoords_r\":659.6000061035156,\"frameCoords_b\":1885.0999755859375,\"frameCoords_l\":359.6000061035156,\"styleZIndex\":\"auto\",\"allowedExpansion_t\":0,\"allowedExpansion_r\":0,\"allowedExpansion_b\":0,\"allowedExpansion_l\":0,\"xInView\":0,\"yInView\":0}","permissions":"{\"expandByOverlay\":false,\"expandByPush\":false,\"readCookie\":false,\"writeCookie\":false}","metadata":"{\"shared\":{\"sf_ver\":\"1-0-40\",\"ck_on\":1,\"flash_ver\":\"0\"}}","reportCreativeGeometry":false,"isDifferentSourceWindow":false,"goog_safeframe_hlt":{}}" scrolling="no" marginwidth="0" marginheight="0" width="300" height="250" data-is-safeframe="true" sandbox="allow-forms allow-popups allow-popups-to-escape-sandbox allow-same-origin allow-scripts allow-top-navigation-by-user-activation" allow="private-state-token-redemption;attribution-reporting" aria-label="Advertisement" tabindex="0" data-google-container-id="5" style="border: 0px; vertical-align: bottom;">

       The RBI released its quarterly house price index for the September quarter of 2024-25 on Friday, based on transaction-level data received from the registration authorities in ten major cities.

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

       The RBI said the annual HPI growth varied widely across the cities -- ranging from a high growth of 8.8 per cent (Bengaluru) to a decline of (-) 2 per cent (Kanpur).

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

       Ahmedabad, Lucknow, Kolkata and Chennai recorded a sequential rise in house prices during the latest quarter.

       Also Read

       'Pilots are mentally strong:' Air India pilot's uncle refutes suicide claim

       Dua Lipa lands in Mumbai; all about her ZFIC concert in the city on Nov 30

       Worrying trend of criminalising long, consensual ties after break-up: SC

       You are under 'digital arrest': All about Rs 4 crore fraud in Mumbai

       16 years of 26/11 terror attack: Nation salutes bravery, remembers victims