Reserve Bank of India (RBI) compiles the House Price Index (HPI) on quarterly basis based on transaction-level data received from the registration authorities. Today, the Reserve Bank released its House Price Index (HPI)¹ for Q1:2025-26 with new base year as 2022-23, covering eighteen major cities². Eight new cities viz., Hyderabad, Thiruvananthapuram, Pune, Ghaziabad, Thane, Gautam Buddha Nagar, Chandigarh and Nagpur, have been added to existing 10 cities in the new series with base year 2022-23. Time series data on all-India and city-wise HPIs are available at the Bank’s database on Indian economy (DBIE) portal (https://data.rbi.org.in/#/dbie/home > Statistics > Real Sector > Prices & Wages).

Highlights:

• The value of house price index registered a marginal increase in Q1:2025-26, with Nagpur, Chandigarh, Chennai and Kochi registering maximum increase over the last quarter.

• All-India HPI increased by 3.6 per cent (y-o-y) in Q1:2025-26 as compared to 7.6 per cent growth in the corresponding quarter of the previous year.

• On a sequential (q-o-q) basis, all-India HPI increased by 2.0 per cent in Q1:2025-26.

Ajit Prasad            
Deputy General Manager
(Communications)     

Press Release: 2025-2026/1281

¹ The base year of HPI is changed to 2022-23 from 2010-11.

² The eighteen cities are Mumbai, Delhi, Chennai, Kolkata, Bangalore, Lucknow, Ahmedabad, Jaipur, Kanpur, Kochi, Hyderabad, Thiruvananthapuram, Pune, Ghaziabad, Thane, Gautam Buddha Nagar, Chandigarh and Nagpur.