The all-India House Price Index (HPI) for the July-September quarter of 2023-24 showed a moderation to 3.4% from 4.5% in the same period the previous year, according to data released by the Reserve Bank of India. The HPI is based on transaction-level data from 10 major cities: Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai.
