Capital Mind Housing Index: Indian Property Prices Grew Just 3.7% in JFM 2014, Many Cities Go Negative

Comments Off Written on June 27th, 2014 by
Categories: RealEstate

Capital Mind’s All India Housing Index, based on the NHB Residex, shows an anaemic 3.7% growth over the earlier year. While prices continue to tick upward, we see the growth slowing and actually turning negative in a number of cities.

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While overall trends seem to be slowing everywhere, the Metros show a better annual growth than they did in the last quarter.

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We have seen prices actually fall, year on year, in many cities.

  • Jaipur worst at -9.8%
    • Kochi at -4.5%
    • Bangalore, Delhi and Patna also in negative territory

We have a much more detailed post with all city graphs at Capital Mind Premium.

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About the Author:
http://www.capitalmind.in
The man behind Capital Mind. Deepak is a co-founder at MarketVision, a financial knowledge company. Deepak also provides data research and consulting services, and now lives in Bangalore. Connect with him at deepakshenoy@capitalmind.in.