In India Residex index (India's house price index) is launched in July 2007, through the National Housing Bank (NHB).
It covers 12 cities in india.
How to interpret Residex index?
if residex index for city is increased than previous month residex index, then you can buy property in that area.
if residex index for a city is decreased than previous month index, then avoid buying property in that city right now.
http://www.nhb.org.in/Residex/Data&Graphs.php
Residex Index is available for following cities in india.
Delhi with NCR, Bangalore, Mumbai, Kolkata, Bhopal, Hyderabad, Faridabad, Patna, Ahmedabad, Chennai, Jaipur, Lucknow, Pune, Surat, Kochi, Bhubaneshwar, Guwahati, Ludhiana, Vijayawada, Indore, Chandigarh, Coimbatore, Dehradun, Meerut, Nagpur, Raipur
It covers 12 cities in india.
How to interpret Residex index?
if residex index for city is increased than previous month residex index, then you can buy property in that area.
if residex index for a city is decreased than previous month index, then avoid buying property in that city right now.
http://www.nhb.org.in/Residex/Data&Graphs.php
Residex Index is available for following cities in india.
Delhi with NCR, Bangalore, Mumbai, Kolkata, Bhopal, Hyderabad, Faridabad, Patna, Ahmedabad, Chennai, Jaipur, Lucknow, Pune, Surat, Kochi, Bhubaneshwar, Guwahati, Ludhiana, Vijayawada, Indore, Chandigarh, Coimbatore, Dehradun, Meerut, Nagpur, Raipur
