Residential Prices Increase in 12 Cities While Drops in 10 Cities

residential pricesNew Delhi: On the basis of the second quarter report, residential prices have increased up to 5.30% in 12 of the cities of India whereas the prices have also declined in 10 cities up to 7% which includes the National Capital.According to the Residex presented by the National Housing Bank, as compared to the previous quarter, residential prices in Delhi has dropped by 4.53% during the period of July- September. However on the annual basis, the price has escalated by 6.7%. Meerut witnessed the maximum price moderation of 6.88% while Kolkata saw highest price appreciation by 5.30%. The residential prices have increased in 12 cities ranging from 0.46% in Mumbai to 5.30% in Kolkata. Residential prices have also declined in 10 cities ranging from 0.93% in Bangalore to Meerut by 6.88%. Pune, Dehradun, Coimbatore and Kochi are the four cities where the housing prices remained stable in the second quarter.Some of the other major cities where the residential prices increased were Chennai- 4.95%, Hyderabad- 4.77%, Ahmedabad- 2.69%, Lucknow- 2.14% and Patna by 2.04% while the other cities which saw drop in the residential prices in second quarter are Ludhiana by 4.46 %, Vijayawada by 4.03%, Nagpur by 3.58%, Bhopal by 3.09%, Indore by 2.18%, Jaipur by 1.82%, Bhubaneswar by 1.03% and in Karnataka capital, Bangalore by 0.93%.The latest second quarter residential sector report is presented by NHB Residex and it covers 26 cities with 2007 as the base year.займ на карту без отказов круглосуточновзять кредит онлайн

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