Residex BENGALURU City
The National Housing Bank's (NHBs) property price index, Residex, for the January to March 2012 quarter shows a mixed trend with 5 cities showing a rise and 10 recording a decline.
A key feature of the latest Residex is that five more cities have been covered by India's first& only residential property price index, taking the total to 20. The new cities are Indore, Vijayawada, Ludhiana, Bhubaneswar & Guwahati.
The index for the quarter January to March 2012 has witnessed moderation / stable property prices in a majority of the cities over the previous quarter, except in Jaipur & Hyderabad, which have witnessed significant increase.
The index for the quarter January to March 2012 has witnessed moderation / stable property prices in a majority of the cities over the previous quarter, except in Jaipur & Hyderabad, which have witnessed significant increase.
Bangaluru City witnessed significant corrections.
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Zones - Bengaluru
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|
2007
Index
|
Oct-Dec
2010 Index
|
Jan-Mar
2011 Index
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Oct-Dec
2011 Index
|
Jan-Mar
2012 Index
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|
Zone C
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Lavella Road etc
|
100
|
138
|
138
|
190
|
190
|
|
Zone D
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Richmond Town, Indira Nagar, HAL
II & III stage, Domlur Layout, Sadashiv Nagar and Benson Town
|
100
|
134
|
100
|
131
|
123
|
|
Zone E
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Jaya Nagar,Rajaji Nagar,
Koromagala,Air Port Road, Basveshwar Nagar, Malleshwaram and J P Nagar,
Banashankari, R.T Nagar and Vijay
Nagar
|
100
|
86
|
82
|
82
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74
|
|
Zone F
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Madivala, Banaswadi , Jagjeevan
Ram Nagar, Yeswanthapura, Mathikhere, BTM Layout, Sultanpalya, Lingarajpura
and BCC Layout
|
100
|
88
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76
|
85
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75
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|
City Index
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|
100
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101
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88
|
100
|
92
|
Source: NHB
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