27 November 2010

Makaan Property Index (MPI)

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Makaan Property Index (MPI)
 
India's 1st indicator of property price movement
 
 
We are pleased to release the Makaan.com Property Index (MPI) for Sep’10.
As per MPI, the property prices in India rose by 11.9% in Sep’10
compared with last year.
This increase in the national index can be attributed
to the increase in property prices of the key markets of
Ahmedabad (53.2%),
Kolkata (26.9%),
Delhi (25.7%),
Bangalore (12.6%)
Pune (7.8%),
Mumbai (5.5%) and
Hyderabad (2.2%).
Bucking the trend index of Chennai (-5.5%) moved downwards.

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