Residential index
The residential price in Surat have increased fastest compared to other major cities in India. National Housing Bank track the housing prices with residential index (Residex). It is also observed that the residex of Chennai (9.2), Pune (8.9) and Delhi (8.4) follows Surat (9.4). As Surat is the city having highest annual household income in [...] Continue Reading »
National Housing Bank (NHB) has taken 2007 realty as a benchmark of the Residex pegged at 100. The figures show how Ahmedabad along with five others cities – Mumbai , Delhi, Chennai, Lucknow and Pune – have bucked the trend of falling prices. Residex (residential index) figures for city areas reveal that the road expansion [...] Continue Reading »
