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MoneyWireRBI's house price index up 4.2% on yr in Jan-Mar, highest rise in 5 quarters

RBI's house price index up 4.2% on yr in Jan-Mar, highest rise in 5 quarters

This story was originally published at 19:03 IST on 29 May 2026
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Informist, Friday, May 29, 2026

 

MUMBAI – The house price index compiled by the Reserve Bank of India rose 4.2% on year in the Jan-Mar quarter of financial year 2025-26 (Apr-Mar), compared with a 3.8% growth in the year-ago quarter, the central bank said Friday. At 4.2%, this is the quickest on-year rise in the house price index in five quarters. 

 

"The increase was primarily driven by cities such as Nagpur, Jaipur, Chandigarh and Kanpur," RBI said in a press release. The house price index rose 0.2% on quarter to 115.9 in the March quarter, the central bank said. 

 

The RBI compiles the house price index quarterly using transaction-level data from the registration authorities. The index has 2022-23 (Apr-Mar) as the base year and covers 18 major cities, including Mumbai, Delhi, Chennai, Kolkata, Bangalore, Lucknow, Thane, Gautam Buddha Nagar, and Chandigarh.  End

 

Reported by Nandini Sinha

Edited by Saji George Titus

 

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