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RBI: All-India Housing Price Index rises to 2.6% in Q2FY22

Data given by RBI revealed that all-India HPI recorded 2.6 per cent growth (y-o-y) in Q2:2021-22 as compared with 2.0 per cent growth in the previous quarter and 1.1 per cent a year ago.

December 01, 2021 9:01 IST | India Infoline News Service
Woman drawing a house on big blackboard
The Reserve Bank of India (RBI) released its quarterly house price index (HPI) based on transaction-level data received from housing registration authorities in ten major cities.

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

Data given by RBI revealed that all-India HPI recorded 2.6 per cent growth (y-o-y) in Q2:2021-22 as compared with 2.0 per cent growth in the previous quarter and 1.1 per cent a year ago.

HPI growth varied widely across the cities - it ranged from an expansion of 10.0 per cent (Kochi) to a contraction of (-) 4.9 per cent (Delhi).

On a sequential (q-o-q) basis, the all-India HPI contracted marginally by (-) 0.5 per in Q2:2021-22; Delhi, Bengaluru and Ahmedabad recorded a sequential decline in HPI, whereas it increased in other cities.

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The average score for Prestige Estates Projects Limited stands at 4 against 6, three months back.

Prestige Estates Projects Limited is engaged in the business of real estate development. The Company’s principal products/services include Development and construction

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