MUMBAI, Nov 27: The All-India House Price Index (HPI), based on transactions in 18 major cities, rose 2.2% year-on-year in Q2:2025-26, a slower pace compared to 7% growth in the same quarter last year, according to Reserve Bank of India (RBI) data.
The RBI compiles the HPI quarterly using transaction-level data from registration authorities. The latest release uses a new base year of 2022-23, replacing the earlier 2010-11 base. Cities such as Nagpur, Ghaziabad, and Chandigarh contributed to the annual rise in HPI. However, on a quarter-on-quarter basis, the index fell 0.6%, with major declines in Kolkata, Chennai, and Lucknow. The overall HPI value dropped from 113.4 in Q1:2025-26 to 112.7 in Q2, reflecting lower house price growth in key cities including Kolkata, Chennai, Lucknow, and Hyderabad.
The 18 cities covered by the RBI are Mumbai, Delhi, Chennai, Kolkata, Bangalore, Lucknow, Ahmedabad, Jaipur, Kanpur, Kochi, Hyderabad, Thiruvananthapuram, Pune, Ghaziabad, Thane, Gautam Buddha Nagar, Chandigarh, and Nagpur. (PTI)
The slower HPI growth indicates moderated housing price appreciation across India, with regional variations influencing both annual and quarterly trends. (PTI)
