Residex index
High prices of properties is the major concern for home buyers across India. Though unsold properties are piling up, developers are reluctant to reduce rates. As per the data from the NHB (National Housing Bank) Residex index which tracks price movements in the residential segment in 20 cities across India, the rise in property rates [...] Continue Reading »
According to the National Housing Bank‘s Residex index, the cost of houses and apartments in Chennai are rising sharply. The index for the city raised by 39.5 percent in the last quarter of 2011-12 compared to the same period last year. This is recorded as the highest jump in residex index for any city for [...] Continue Reading »
