Cities Where Home Prices Have Risen Most
Jaipur, Pune and Chennai are among the major cities that have seen the biggest rise in housing prices in nearly three years, according to National Housing Bank's Residex index. NHB had launched Residex for tracking prices of residential properties in India in 2007.
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Jaipur, Pune and Chennai are among the major cities that have seen the biggest rise in housing prices in nearly three years, according to National Housing Bank's Residex index. NHB had launched the index for tracking prices of residential properties in India in 2007.
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The Residex score for Jaipur rose to 101 in January-March 2014 from 64 in April-June 2011. This means property prices in the city went up by nearly 57 per cent in three years.
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Pune saw a 54.6 per cent increase in housing prices in nearly three years, as per its Residex score.
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Housing prices in Chennai went up by 40.7 per cent in nearly last three years, as per the NHB index.
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Delhi residential property prices grew 35.3 per cent in last three years, the Residex showed.
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Mumbai housing prices increased 26.5 per cent in nearly last three years, according to National Housing Bank's Residex index.
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Residential property prices in Ahmedabad rose 23.6 per cent in nearly three years, as per NHB's Residex index.
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Lucknow home prices shot up by 21.2 per cent in nearly three years, the index showed.
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NHB's Residex score for Bengaluru increased 16.3 per cent in nearly three years.
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Surat housing prices went up 10.7 per cent in nearly three years, according to NHB's Residex Index.
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The Residex score for Kolkata shot up 6.1 per cent in nearly three years.
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Housing prices in Hyderabad went up by 4.3 per cent in nearly last three years, the city's figures on the index showed.
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Patna home prices increased 2.7 per cent in nearly last three years, according to NHB's Residex.
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Bhopal residential property prices grew 0.8 per cent in last three years, the index showed.
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