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Home > Forum > Pune > Real estate News > What is NHB Residex?

What is NHB Residex?

Q: What is NHB Residex? Is it related to real estate or anything general?

nhb residex
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Yes, it is related to housing and real estate. National Housing Bank reside was proposed to track the movement of prices in the residential housing segment. It takes into account 5 cities viz. Bangalore, Bhopal, Delhi, Kolkata and Mumbai. It is planned to develop a residential property price index for selected cities and an all India merged index by suitably combining these city level indices to capture the relative sequential change in the prices of houses at different levels.
Wasim Mohammad


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