Current Affairs - Economy - Discussion

According to the Reserve Bank of India, India’s House Price Index (HPI) increased by 3.1% year-on-year in the fourth quarter (January–March) of FY2024–25. This moderate growth highlights a steady recovery in the country’s urban housing markets, with continued resilience in demand. The data, gathered from property registration authorities across ten major cities, is a reliable indicator of real estate price trends. While Kolkata led with an 8.8% rise and Kochi saw a 2.3% decline, the national average points to balanced and sustained momentum. The 3.1% annual increase is slightly lower than the 4.1% growth seen during the same period the previous year.