Real Estate Trend in Bhopal: Flat prices from 2007 to 2012

	The India's NHB (National Housing Bank) property price index, NHB RESIDEX, for the January - March 2012 quarter shows a mixed trend with five (5) cities showing a rise and ten (10)  recording a decline. Latest NHB RESIDEX is that five (5) more cities have been covered by India's first & only residential property price index, taking the total to twenty (20). The new cities are Indore, Vijayawada, Ludhiana, Bhubaneswar and Guwahati. The index for the quarter January - 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. Kochi, Bangaluru &  Patna witnessed significant corrections. The other cities that showed a declining trend were Bangalore, Surat, Bhopal, Pune, Ahmedabad, Mumbai, Lucknow & Faridabad The Bhopal index stood at 204 NHB Residex – BHOPAL Base year  2007 Index  = 100 points Bhopal - Zones Jan-Mar 2010 Index Oct-Dec 2010 Index Jul-Sept 2011 Index Oct-Dec 2011 Index Jan-Mar 2012 Index Zone 1 Airport Road and Bairagarh City 151 152 187 130 108 Zone 2 Koh – e- Fiza and Shyamala Hills 245 219 267 386 386 Zone 6 Nehru Nagar and Bhadbhada Nagar 195 234 263 246 223 Zone 8 Punjabi Bagh and Ashoka Garden 200 206 217 246 239 Zone 9 Shivaji Nagar, Arera Colony and Chunna Bhatti 187 223 225 213 205 Zone 10 Bagh Mugaliya, Katara Hills 93 109 130 102 100 Zone 11 Khajuri Kalan, Raisen Road and J K Road 95 132 211 138 143 Zone 12 Karod, Ayodhya Nagar, Berasia Road 153 184 207 273 256 Zone 13 Krishna Nagar, Saamra Kalan 134 129 129 190 190 Zone 14 Gulmohar, Trilanga, Shahpura and Hoshangabad Road 113 152 211 160 148 City Index 158 173 208 211 204

Source:  National Housing Bank

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