Real Estate Trend in Indore: From 2007 to 2012, June

NHB (National Housing Bank) data, flat prices have risen by up to about 10% in 16 major cities in India in the April to June (2012) period, while 3 towns have witnessed a marginal fall.

NHB 'RESIDEX' tracks the movement in prices of residential properties on a quarterly (3 Month) basis since 2007. The NHB RESIDEX now covers 20 cities.

The maximum increase in flat prices was observed in Pune (10.5%) followed by Bengaluru (8.7%), Patna (8.6%), Ahmedabad (6.4%) and Ludhiana (5.3%).

However, flat prices declined in Jaipur by 2.6%, Indore by 2.4% & Hyderabad by 1%.

Prices in Faridabad remained stable.

NHB Residex - Indore

Delhi with NCR | Bangalore | Mumbai | Kolkata | Bhopal | Hyderabad | Faridabad | Patna | Ahmedabad | Chennai  | Jaipur | Lucknow |Pune | Surat | Kochi | Bhubaneshwar | Guwahati | Ludhiana | Vijayawada | Indore

Indore Localities 2007  Index Jan-Mar  2012 Index Apr-Jun 2012 Index Zone 1 Ashok Nagar, Aerodrome Road 100 246 231 Zone 3 Ahilya Ashram Marg, Laxmi Bai Nagar, Sadar Bazar, Shivaji Nagar 100 177 197 Zone 6 Subhash Nagar 100 142 108 Zone 7 Vijay Nagar, Scheme No. 114 100 222 198 Zone 8 Goyal Vihar, Mahalaxmi Nagar, Nepania Road, Niranjanpur 100 204 219 Zone 9 Anup Nagar, Nanda Nagar, Race Course Road 100 207 207 Zone 10 Bakhtawar Ram Nagar, Piplyahana, Saket Nagar 100 185 178 Zone 12 Khatiwala Tank 100 260 264 Zone 13 Annapurna Nagar, Ambikapuri Colony, Anand Nagar, AB Road, Khandwa Road, Rajendra Nagar, Vishnu Puri Main, Inder Puri 100 170 157 Zone 14 Kesar Bagh Road 100 249 249 Zone 15 Lal Bagh 100 265 265 City Index 100 208 203

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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