As many as 45 cities out of 50 registered an increase in property prices during the first quarter of 2025-26, according to data released by the National Housing Bank (NHB). Out of the 50 cities covered, 5 cities registered a decline in the property prices on an annual basis. Howrah registered the maximum decline of 6.1 % followed by Kochi (5.5 %) and Thiruvananthapuram (4.8 %)," the latest residential housing price index NHB RESIDEX released on Thursday. The 50-city Housing Price Index (HPI), based on valuation prices of properties collected from banks and housing finance companies, recorded an annual increase of 5.7 % during the first quarter of the current fiscal compared to 6.6 % a year ago, it added. Seven key primary residential markets witnessed an appreciation in property prices during April-June 2025. Primary residential properties in Ahmedabad witnessed an increase of 6.8 % while those in Bengaluru rose by 9.1 %, and in Chennai by 7 %. On a quarter-on-quarter basis, the 50-city index registered an expansion of 0.5 % in April-June period. The index has shown an increasing trend on the Q-o-Q basis since September 2021.
 

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