Real Estate Trend in Kolkata : From 2007 to 2012

The NHBs (National Housing Bank's) 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.
A key feature of the 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 20. 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. Kochi, Bangaluru and  Patna witnessed significant corrections.

The highest rise in index was seen in Jaipur, which logged a 25% increase, followed by Hyderabad (8.9%); Chennai (2.8%); Delhi (0.6%); and Kolkata (0.5%)


NHB Residex - KOLKATA
 
Zones - Kolkata

2007 Index
Oct-Dec 2010 Index
Oct-Dec 2011 Index
Jan-Mar 2012 Index
Zone3
Ultadanga and  Maniktala
100
213
172
197
Zone 8
Bhawanipur
100
260
249
255
Zone 9
Alipur
100
201
281
281
Zone 10
Jodhpur Park and Dhakuria
100
203
217
226
Zone 11
Jadavpur
100
196
158
156
Zone 12
Santoshpur and EM Byepass
100
201
140
159
Zone 13
Behala
100
214
161
171
Zone 14
Thakurpukur and  Sorsona
100
191
180
180
Howarh
Kona Express Way, Shibpur and Santragachi
100
237
201
198
Bidhan Nagar
Salt Lake City
100
294
224
219
South Dumdum
Nager Bazar and Lake Town
100
213
168
178
Barahnagar

100
160
132
135
Barrackpur

100
345
276
242
Chandan Nagar

100
182
131
145
Madhyam Gram

100
143
136
114
Mahestala

100
226
149
131
Rajarhat

100
190
167
148
Rajpur Sonarpur

100
211
191
196
City Index

100
213
190
191
  Base Year: 2007 = 100


Source: NHB 

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