Indian Housing Price Trend in Mumbai: From 2007 to 2012, June

According to National Housing Bank - NHB data, flats prices have risen by up to about 10 % in 16 major cities of our country in the April to June -2012 period, while only three towns have witnessed a marginal fall.

NHB 'RESIDEX' tracks the movement in prices of residential properties on a quarterly (Three Month) basis since 2007.

The NHB RESIDEX now covers 20 cities.

"Residential housing (Flats) prices in 16 cities have shown rise in prices in this quarter ended June, 2012 over the previous quarter ended March, 2012" .

The highest increase in flat prices was observed in Pune - 10.5 per cent followed by Bengaluru (8.7 per cent), Patna (8.6%), Ahmedabad (6.4%), Ludhiana (5.3%),Housing prices rose by  in Lucknow (4.1%), Mumbai  (3.7%)

MUMBAI (Base year 2007 =100 points)

 

Zones - Mumbai	Localities	Jan-Mar 2010 Index	Jul-Sep 2010 Index	Oct-Dec 2010 Index	Jan-Mar 2011 Index	Apr-Jun 2011 Index	Oct-Dec 2011 Index	Jan- Mar 2012 Index	Apr-Jun 2012 Index
Zone 1	Cuffe Parade, Malabar Hill	143	197	206	206	201	243	212	210
Zone 2	Lower Parel, Matunga East, Mahim West	176	254	266	266	274	248	288	343
Zone 3	Bandra West, Andheri East, Oshivara	145	174	181	170	191	204	205	219
Zone 4	Kurla East, Tungwa/ Chadivali, Chembur	121	123	125	144	149	157	160	154
Zone 5	Malad, Borivali/ Kandivali, Dahisar, Goregaon	153	152	159	178	180	191	205	196
Zone 6	Bhandup , Mulund	134	142	149	157	157	170	172	183
Navi Mumbai	Vashi, Khar Garh Road	118	162	171	161	153	171	174	159
Thane	Pokaran Road 1 &2	89	128	123	111	133	118	133	168
Kalyan	Near Railway Station	79	135	131	120	155	118	104	119
Mira Byander	Mira Road	104	126	134	143	128	119	129	124
Virar Vasai	Virar, Nala Sopara	104	132	135	112	126	86	99	102
Other Municipalities	Badlapur	99	144	145	110	159	82	93	91
City Index		134	167	173	175	181	193	190	197

Source:  National Housing Bank,                                                                                                                                            Core 5-A, India Habitat Centre, Lodhi Road, New Delhi-110003                                                                                                            (PBX) 011-2464 9031-35                                                                                                                                                               Fax : 011-2464 9030 E-mail: ho@nhb.org.in

  

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