News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
« Latest Circulars »
 Risk Management and Inter-bank Dealings- Participation of Banks in Offshore Non-deliverable Rupee Derivative Markets
 Implementation of Section 51A of UAPA, 1967 - Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List - Deletion of one individual
 Formation of new Union Territory of The Dadra and Nagar Haveli and Daman and Diu - Assignment of UTLBC Convenorship
 Formation of new district in the State of Chhattisgarh – Assignment of Lead Bank Responsibility
 All banks, NBFCs to allow 3 month moratorium on all term loans
  RBI advances variable rate Repo auction scheduled for March 30, 2020 to March 26, 2020 and Temporarily enhances Standing Liquidity Facility for SPDs
  Priority Sector Lending - Lending by banks to NBFCs for On-Lending
 RBI advances variable rate Repo auction scheduled for March 30, 2020 to March 26, 2020 and Temporarily enhances Standing Liquidity Facility for SPDs
 Priority Sector Lending - Lending by banks to NBFCs for On-Lending
 RBI to conduct variable rate Term Repos of ₹1,00,000 crores
 RBI advances the OMO Purchase auction scheduled for March 30, 2020 to March 26, 2020

Moderation in All-India House Price Index growth reverts in Q1:2016-17
October, 26th 2016

The Reserve Bank of India today released the quarterly House Price Index (HPI) for Q1:2016-17 on Database of Indian Economy website (https://dbie.rbi.org.in/DBIE/dbie.rbi?site=statistics RealSector/Price&Wages/Quarterly) for All-India and 10 major cities (viz., Mumbai, Delhi, Chennai, Kolkata, Bengaluru, Lucknow, Ahmedabad, Jaipur, Kanpur and Kochi). Based on the revised data received from Bengaluru, the All India as well as city-HPI are also updated for Q4:2015-16.

Highlights:

  • All-India HPI1 (base 2010-11=100) has sequentially increased by 5.5 per cent to 231.1 in Q1:2016-17 from 219.1 in Q4:2015-16. All cities witnessed HPI increase in Q1:2016-17.

  • The All-India HPI recorded annual increase of 7.3 per cent in Q1:2016-17 after moderation over four consecutive quarters from 17.5 per cent in Q4:2014-15 to 3.3 per cent in Q4:2015-16.

  • On an annual basis, Chennai witnessed maximum increase of 23.9 in Q1:2016-17; whereas Jaipur witnessed maximum contraction (-4.4 per cent).

  • On a sequential basis (i.e., Q1:2016-17 over Q4:2015-16), Kochi recorded highest HPI increase of 17.6 per cent; whereas Jaipur recorded the lowest increase of 0.6 per cent.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/1003


1 Compiled in the Statistical Analysis Division of the Department of Statistics and Information Management, Reserve Bank of India, Mumbai. For methodology of compilation of HPI along with its limitations of usability please refer to the article “ House Price Index:2010-11 to 2013-14” (https://www.rbi.org.in/Scripts/BS_ViewBulletin.aspx) in October 2014 issue of the RBI Bulletin

Home | About Us | Terms and Conditions | Contact Us
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting