House Price Index (HPI) India

All India House Price Index rose by 3.9% YoY in Q12020.

Published by the Reserve Bank of India (RBI) quarterly. Updated till January-March 2020 quarter (Published on June 30, 2020).

Brief Overview

The House Price Index (HPI) (Base: 2010-11=100) is compiled quarterly by the Reserve Bank of India (RBI) for ten major cities, viz, Mumbai Delhi, Chennai, Kolkata, Bengaluru, Lucknow, Ahmedabad, Jaipur, Kanpur, and Kochi. Based on these city indices, an average house price index representing all-India house price movement is also compiled. These indices are based on the official data of property price transactions collected from registration authorities of respective state governments. The HPI is a weighted average Laspeyres index based on the transaction price, where transactions are stratified into three categories, viz., small, medium and large houses and in different geographical wards/zones. Further, the city-wise indices are averaged using the population proportion to total as the weight to obtain an all-India index. For further information on the methodology and computation of HPI click here.

For more information please visit the official website.

Next Release Date: First week of October

City-wise Housing Price Index-NHB Residex

Note: The index series is on the base 2012-13=100. To know more about NHB Residex, click here.