Smart ways to invest and attain early financial freedom


This is a short note.
RBI has just yesterday released this data on Housing price index that I found worth sharing

http://rbi.org.in/scripts/PublicationsView.aspx?id=15110#t5

The data is self evident – so I do not want to spend your time trying to explain it. But here are the key takes aways for me -
  • There has been an average 19% YOY increase All India (BSE Sensex has given a 12.86% YOY return as of today).
  • Kolkatta at 63.3 YOY growth looks over heated – e careful and avoid buying.
  • Chennai and Delhi are doing really well. If you are buying – please buy fast – do not delay.  And if you are selling your property – please go slow
  • Mumbai seems to have slowed down
  • Bangalore has finally started showing a small growth.
  • Kanpur and Lucknow – not sure what’s happening in UP ( any of my readers from UP want  to explain?)

 

Author Description

S. G. Raja Sekharan

S. G. Raja Sekharan is a visiting MBA faculty, a mentor to budding entreprenuers, a wealth management consultant, an author of a book on Investing in India and the author of this blog.

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2 thoughts on “RBI’s data on Housing price Index

  1. Sir a small doubt. While calculating these indexes will they take actual market rates or the Registration rates? Bcoz generally actual market rates will vary from Registration rates.

    1. Praveen -I am sure everyone understands that the market rates are the real rates – the problem here would be to find the real market rates – that is easy to solve if you stop looking at Govt. data and look at other sources (like the real estate advertisements)

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