16.02.2012 - Housing prices in Mumbai, Kolkata down; Delhi rates up in Q3
Prices of residential properties in Mumbai and Kolkata witnessed a downward movement while Delhi prices firmed up during the third quarter of the current fiscal, as per the latest Residex released by the National Housing Bank (NHB). Prices of houses in Kolkata and Mumbai declined by 0.5 per cent in October-December period of 2011-12 compared to previous quarter. Among other cities, the maximum decline was observed in Kochi at 15.5 per cent followed by Hyderabad at 6 per cent, Jaipur 1.5 per cent and Patna 0.7 per cent...............................................Full Article: Source
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