Press Releases

The Reserve Bank of India (RBI) compiles the House Price Index (HPI) on a quarterly basis using transaction-level data received from the registration authorities. Today, the RBI released¹ the HPI for Q1:2026-27 with base year as 2022-23, covering eighteen major cities².

Highlights:

• The All India HPI increased by 1.1 per cent and stood at 117.5 in Q1:2026-27 compared to previous quarter, primarily driven by an increase in the index for cities such as Chandigarh, Lucknow, and Thiruvananthapuram (Chart 1).

• The HPI registered an annual growth of 3.6 per cent in Q1:2026-27, same as in Q1 of previous year, mainly contributed by the cities such as Chandigarh, Jaipur, Kanpur, Lucknow and Thiruvananthapuram (Chart 1).

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2026-2027/958

¹ Time series data on all-India and city-wise HPIs are available on the Bank’s ‘Database on Indian Economy’ (DBIE) portal (weblink: https://data.rbi.org.in/DBIE/#/dbie/home) under the head ‘Statistics > Real Sector > Prices & Wages.

² The eighteen cities are Mumbai, Delhi, Chennai, Kolkata, Bangalore, Lucknow, Ahmedabad, Jaipur, Kanpur, Kochi, Hyderabad, Thiruvananthapuram, Pune, Ghaziabad, Thane, Gautam Buddha Nagar, Chandigarh and Nagpur.