Press Releases

The Reserve Bank of India (RBI) compiles the House Price Index (HPI) on a quarterly basis using transaction-level data received from the registration authorities. Today, the RBI released¹ the HPI for Q4:2025-26 with base year as 2022-23, covering eighteen major cities².

Highlights:

• The House Price Index rose to 115.9 in Q4:2025-26, from 115.6 in the previous quarter, driven by rise in housing prices across cities viz – Jaipur, Lucknow and Pune, reflecting a quarter-on-quarter growth of 0.2 per cent (Chart 1).

• All India HPI Year-on-Year growth registered as 4.2 per cent in Q4:2025-26, compared with a growth of 3.8 per cent in the same quarter last year. The increase was primarily driven by cities such as Nagpur, Jaipur, Chandigarh and Kanpur (Chart 1).

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2026-2027/355

¹ Time series data on all-India and city-wise HPIs are available on the Bank’s ‘Database on Indian Economy’ (DBIE) portal (weblink: https://data.rbi.org.in/DBIE/#/dbie/home) under the head ‘Statistics > Real Sector > Prices & Wages.

² The eighteen cities are Mumbai, Delhi, Chennai, Kolkata, Bangalore, Lucknow, Ahmedabad, Jaipur, Kanpur, Kochi, Hyderabad, Thiruvananthapuram, Pune, Ghaziabad, Thane, Gautam Buddha Nagar, Chandigarh and Nagpur.