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Housing prices up 5.3% during April-June quarter in 10 major cities: RBI

The average rates appreciated by 2.5 per cent in 10 major cities when compared to the previous quarter

real estate, housing, realty, home, building
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Positive impact of the policy reforms, including RERA and GST, have begun to bear fruit

Press Trust of India
Housing prices rose by an average 5.3 per cent during April-June quarter of this fiscal in ten major cities as compared to the year-ago period, according to the RBI data.

The average rates appreciated by 2.5 per cent in these 10 major cities when compared to the previous quarter. The Reserve Bank of India (RBI) Wednesday released the quarterly house price index (HPI) for the first quarter of 2018-19, based on transactions data received from housing registration authorities in ten major cities — Mumbai, Delhi, Chennai, Kolkata, Bengaluru, Lucknow, Ahmedabad, Jaipur, Kanpur and Kochi.

“On a year-on-year basis,

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