Overview
- The RBI’s Q4 2024-25 House Price Index rose 3.1% year on year, matching the previous quarter’s annual pace.
- The sequential (q-o-q) increase was 0.9%, led by gains in Bengaluru, Jaipur, Kolkata and Chennai.
- Annual growth ranged from Kolkata’s 8.8% surge to Kochi’s 2.3% contraction, highlighting divergent local markets.
- The index draws on transaction-level data from ten major cities, including Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow and Mumbai.
- Steady price gains could bolster residential investment and influence household borrowing and bank lending decisions.