Mumbai, Feb 27 (PTI) All-India House Price Index (HPI) increased 3.1 per cent in the third quarter of 2024-25 as compared to 4.3 per cent growth in the preceding three months and 3.8 per cent growth in the year-ago period, according to data released by the Reserve Bank of India (RBI).

The RBI released its quarterly house price index for the December quarter of 2024-25 on Thursday, based on transaction-level data received from the registration authorities in 10 major cities.

Also Read | News Headlines for School Assembly Today, 28 February 2025: Check Important National, International, Sports, Entertainment and Business Stories.

The cities are Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai.

The RBI said the annual HPI growth varied widely across the cities - ranging from a high growth of 8.1 per cent (Kolkata) to 0.1 per cent (Kanpur).

Also Read | Famous Birthdays on February 27: Elizabeth Taylor, Kate Mara, Prakash Jha and Subbaraju - Know About Influential Figures Born on February 27.

On a sequential (q-o-q) basis, all-India HPI increased by 0.4 per cent in Q3:2024-25.

Mumbai, Bengaluru, Ahmedabad, Lucknow, Kolkata, Chennai, Jaipur and Kochi recorded a sequential rise in house prices during the latest quarter.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)