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Homes became costlier in 43 cities in the first quarter, prices declined in seven
Big news is coming for those who dream of having their own house. Home prices increased in the first quarter of 2023-24 in 43 cities across the country. At the same time, house prices fell in seven cities. This information was released by the National Housing Bank (NHB) on Wednesday.
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“Homes became costlier in 43 cities in the first quarter, prices declined in seven”
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sangritoday.com
30 Aug 2023
Houses have become expensive in the first quarter of 2023-24 in 43 cities of the country. The prices of residential units have decreased in seven cities. National Housing Bank (NHB) gave this information on Wednesday.
The regulator of housing finance companies said that according to the NHB House Price Index, home loan rates are still lower than pre-pandemic levels. Property prices in Ahmedabad increased by 9.1 percent during this period. Bangalore saw an increase of 8.9 percent and Kolkata 7.8 percent.
According to the House Price Index, house prices increased by 1.1 percent in Chennai, 0.8 percent in Delhi, 6.9 percent in Hyderabad, 2.9 percent in Mumbai, and 6.1 percent in Pune.
