sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
Latest Circulars »
 Results of Underwriting Auctions Conducted on May 24, 2018
 RBI to conduct 7-day Variable Rate Reverse Repo auction under LAF on May 24, 2018
 Results of OMO purchase auction held on May 17, 2018 and Settlement on May 18, 2018
 Auction of Government of India Dated Securities May 21, 2018
 Auction for Sale (Re-issue) of Government Stock (GS) May 21, 2018
  RBI-Setting up of IFSC Banking Units (IBUs) – Permissible activities
 RBI-Basel III Framework on Liquidity Standards – Net Stable Funding Ratio (NSFR) – Final Guidelines
 RBI imposes penalty on The United Co-operative Bank Ltd., Bagnan Station Road(North), PO- Bagnan, Dist- Howrah, West Bengal
 Auction for Sale (Re-issue) of Government Stock (GS) May 14, 2018
 Auction of Government of India Dated Securities May 14, 2018
 RBI declines to share copies of inspection reports

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 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Privacy Policy

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions