House Price Index up 3.6% annually in Q1: RBI

House prices across India saw a 3.6 percent rise year-on-year in the first quarter of the current fiscal. This growth is lower than the previous year's 7.6 percent. Nagpur, Chandigarh, Chennai, and Kochi recorded the highest increases quarter-on-quarter. The Reserve Bank of India released this data with a new base year of 2022-23, including eight new cities.