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Noida Expressway and Ghaziabad shows significant rise in housing prices in NHB data

Comments(2) Sub Category:Delhi-NCR,Residential Real Estate Posted On: Sep 06, 2012

The residential real estate index prepared by the National Housing Bank (NHB), the housing prices in 16 cities including Delhi, Mumbai, Chennai, Bangalore, Pune, and Kolkata improved in the quarter ending June 2012, compared to the previous quarter ending March 2012.

The prices of residential properties in 16 cities have shown an increasing trend in the range of 1.1 per cent in Kochi to 10.5 per cent in Pune, in April-June 2012 quarter, against the previous quarter.

Jaipur, Hyderabad and Indore recorded a marginal decline. Among significant price rises, NCR stands out. In Noida, prices of property along the Noida-Greater Noida Expressway increased by almost 30 per cent since June 2011. Similarly, in Ghaziabad too, prices in Indirapuram and Vaishali went up by around 30 per cent.

To read more real estate news:

CREDAI asks Noida Extension developers to protect buyers’ rights

2 Responses to “Noida Expressway and Ghaziabad shows significant rise in housing prices in NHB data”

  1. [...] Noida Expressway and Ghaziabad shows significant rise in housing prices in NHB data [...]

  2. [...] Noida Expressway and Ghaziabad shows significant rise in housing prices in NHB data [...]

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