Residential Real Estate Trend in Ahmedabad, From 2007 to 2012

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

The very latest NHB RESIDEX is that five more cities have been covered. It is India's first and only residential property price index, taking the total to twenty .

 The residential property 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 cities that showed a declining trend were Bangalore, Surat, Bhopal, Pune, Ahmedabad, Mumbai, Lucknow & Faridabad

The Ahmedabad index stood at 164

AHMEDABAD - NHB Residex 

(Base Index 2007 =100)

 

Ahmedabad - Zones		Jan-Mar 2010 Index	Oct-Dec 2010 Index	Jan-Mar 2011 Index	Oct-Dec 2011 Index	Jan- Mar 2012 Index
Central Zone	Bhadra, Dudheswar, Gaikwad Haveli, Girdhar Nagar &Wadigam	142	189	194	241	272
East Zone	Gomtipur Gam; Old Viratnagar; Vastral & Zulta Minara	87	147	146	135	121
West Zone	Bodakdev; Ambli Bopal; Jodhpur; Solagam; Thaltej Shilaj Road; Vastrapur; Vejalpur; Sola Road; Ambawadi & Chandkheda Gam	139	202	213	185	170
North Zone	Buddh Nagar; Saijpur-Bogha; Sardar Nagar & Vishnu Nagar	150	182	196	202	245
South Zone	Abad Dairy; Bhaduat Nagar; Gordhan Vadi; Ramvadi; Vatva Gam &Vishal Nagar	85	130	113	129	110
City Index		113	164	165	167	164

Source: National Housing Bank

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