The annual growth in all-India housing price index (HPI) continued to moderate and stood at 2.8 per cent in the second quarter of 2019-20 (Q2FY20) as against 3.4 per cent in the previous quarter and 5.7 per cent a year ago.
The index is based on transaction-level data received from housing registration authorities in 10 major cities — Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow and Mumbai.