House price inflation: Bangalore is in peak

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House price inflation of Bangalore has beaten all other cities, according to the Housing Price Inflation data included for the first time in Economic Survey.

Bangalore property prices were at high every year between 2001 and 2005, according to data from National Housing Bank (NHB).

  • Bangalore – property prices rise 28.8% every year between 2001 and 2005.
  • Delhi – average price increase of 19.1 per cent.
  • Greater Mumbai City Corporation (GMCC) areas – up by 18.6 %
  • Kolkata Municipal Corporation – up by 17.7 %.

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