Real Estate Price Trend in Faridabad. from 2007 to 2012

The NHB (National Housing Bank) property price index, NHB RESIDEX, for the January to March 2012 quarter shows a mixed trend with five  cities showing a rise and ten  recording a decline.

Latest NHB RESIDEX is that five more cities have been covered by India's first and only residential property price index, taking the total to twenty. The new cities are Indore, Vijayawada, Ludhiana, Bhubaneswar and Guwahati.

The index for the quarter January to March 2012 has witnessed moderation or stable property prices in a majority of the cities over the previous quarter, except in Jaipur &  Hyderabad, which have witnessed significant increase.

The other major cities that showed a declining trend were Bangalore, Surat, Bhopal, Pune, Lucknow , Ahmedabad, Mumbai, and Faridabad.

The Faridabad index stood at 271

FARIDABAD – NHB RESIDEX (Base 2007 = 100 points)

 

Zones - Faridabad		Jan-Mar 2010 Index	Apr-Jun 2010 Index	Oct-Dec 2010 Index	Jan-Mar 2011 Index	Oct-Dec 2011 Index	Jan-Mar 2012 Index
Ballabhgarh	Chawla Colony and Jagdish Colony; Green Valley	156	162	180	160	201	201
NIT	NIT - 1 (NH); NIT - 2 (NH); NIT - 5 (NH); Sector - 62; Sector - 63; Sector - 64; Sector -65; Sector - 21; NIT-3 and Sector -14	184	193	206	206	266	266
Old Faridabad	Sector -15; Sector -16; Sector -17; Sector -18; Sector -31; Sector -34, Ashoka Enclave; Sector -37; Greenfield; Charmwood; Spring Field Colony  and Adarsh Nagar	118	95	137	128	193	193
Other	Sector -75, Sector -76, Sector -83, Sector - 85 and Sector - 86	149	155	178	158	185	170
City Index		154	152	176	165	218	217

Source: National Housing Bank 

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