The National Housing Bank's (NHB) Residex index tracks residential property prices in 15 major cities since July 2007 (base year of 2007). Here is the NHB residex comparison for the six metropolitan cities.
Calcutta, Chennai and Mumbai have recovered nicely from the real-estate recession, with Chennai showing a steady growth in prices. Hyderabad and Bangalore are clearly yet to recover from the shocks.
(HT: Mostly Economics)
4 comments:
nice create graph but i don't think Bangalore market is that much low.
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