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India: National property index up by 3pct in Q3 of FY2013

Posted on 27 March 2013

Despite weak buyer sentiment, the National Property Index went up by over 3 per cent in the October-December quarter over the preceding three months last year, a survey has said. National Property Index ( NPI) is a weighted average of supply and prices across 11 cities.
Of the 11 cities in the apartment index, nine saw a marginal rise, while one recorded stable values and the other registered a small drop in the city index, leading property portal MagicBricks.com said in its report titled PropIndex………………………………………..Full Article: Source


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