{"id":14577,"date":"2013-02-26T06:02:20","date_gmt":"2013-02-26T06:02:20","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=14577"},"modified":"2020-06-15T04:23:42","modified_gmt":"2020-06-14T22:53:42","slug":"14577-nhb-study-records-hike-in-housing-prices-in-18-major-cities","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/14577-nhb-study-records-hike-in-housing-prices-in-18-major-cities\/","title":{"rendered":"NHB Study Records Hike in Housing Prices in 18 Major Cities"},"content":{"rendered":"

\"national-housing-bank\"Delhi<\/a><\/strong>:\u00a0Though analysts are of the opinion that housing prices in most Indian cities have reached peak prices and are soon headed for correction, a study conducted by the National Housing Bank (NHB) in twenty cities of the country shows that housing prices have increased almost by 9.6% in 18 of these cities during October-December 2012 as compared to prices during July-September 2012.Residex tracked the trend in housing prices in 20 cities and found out that prices have increased the most in Delhi and Mumbai. Only two cities, Indore and Faridabad, showed a drop in prices.In Delhi, which consists of the NCR region, Noida, Greater Noida, Gurgaon and Ghaziabad, and in Mumbai prices have shot up by 9.6% which is the highest increase rate among all the 18 cities that show a rise in prices. Delhi and Mumbai are followed by Kolkata and Patna (9.4%), Kochi (8.8%), Surat (8.7%), Bangalore (8.2%) and Lucknow (8%) in rise of housing prices.The rate of increase of housing prices in the other cities is as follows:<\/p>\n