The Reserve Bank of India today released quarterly House Price Index (HPI) on its website. The data can be accessed at (http://dbie.rbi.org.in/DBIE/dbie.rbi?site=statistics), RealSector> Price&Wages> Quarterly through the website: Database on Indian Economy (DBIE) (http://dbie.rbi.org.in). The data is available for All India and 10 major cities, viz., Mumbai, Delhi, Chennai, Kolkata, Bengaluru, Lucknow, Ahmedabad, Jaipur, Kanpur and Kochi for Q3:2015-16. Data for Delhi for the quarter Q2:2015-16 are also updated.

Highlights:

• HPI-All India¹ (base 2010-11=100) increased to 221.7 in Q3:2015-16 from 218.2 in Q2:2015-16.

• The annual (Y-o-Y) increase of HPI-All India moderated since Q1:2015-16. During Q3:2015-16, the rate of increase fell below 10 per cent. Previous low was in Q3:2013-14 when the rate of increase was 10.1 per cent.

• On an annual basis, in Q3:2015-16, Lucknow witnessed the highest increase of 16.1 per cent while HPI declined in Jaipur (Y-o-Y change of -5.2 per cent).

• Sequentially (i.e. Q3:2015-16 over Q2:2015-16), HPI of Kochi increased by 8.0 per cent while HPI for Bengaluru declined by 1.0 per cent.

Sangeeta Das
Director

Press Release : 2015-2016/2522

¹Compiled in the Department of Statistics and Information Management, Reserve Bank of India, Mumbai. For methodology of compilation of HPI along with its limitations of usability please refer to the article “ House Price Index:2010-11 to 2013-14” (https://www.rbi.org.in/Scripts/BS_ViewBulletin.aspx) in RBI Bulletin October 2014