All-India house price index increased by 3.5% in Q1 of 2022-23

As per the data released by RBI, during the first quarter of 2022-23, the pricing index for homes in India has been grown by 3.5% year-on-year. The all-India house price index (HPI) is a quarterly release done by the central bank.

This index is based on transaction-level data obtained from the housing registration authorities in 10 major cities in the country. The cities are: Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai.