House Price Change 5 Years in India compared to Asia
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India: Price changes, 5 years (%)
The percentage changes in house prices (or the house price index) over 5 years using the latest data available, not adjusted for inflation.
- House price data sources: see the Data FAQ | House Price Time Series.
- House price graphs: see House Price Graphs
- Date of latest house prices: mouse over country names above.
Source: Various sources
India launched Residex (India's house price index) in July 2007, through the National Housing Bank (NHB). Since Residex is relatively new, its methodology is being revised every so often. The eventual aim is to cover residential housing for 63 cities, before extending coverage to commercial property and land. At date of writing (early 2014) Residex covered 26 cities, with 2007 as base year. Residex is publicly available and can be accessed at the National Housing Bank's site. General economics statistics are from the Reserve Bank of India.