Housing price index rises 4.2% in Q4 FY26: RBI

Mumbai, All India House Price Index (HPI) rose 4.2 per cent in the January-March quarter of 2025-26, compared with an expansion of 3.8 per cent in the year-ago period, according to Reserve Bank data released on Friday.

The increase in the fourth quarter was primarily driven by cities such as Nagpur, Jaipur, Chandigarh and Kanpur.

The data also showed that the House Price Index rose to 115.9 in Q4:2025-26, from 115.6 in the previous quarter, driven by an increase in housing prices across Jaipur, Lucknow and Pune, reflecting a quarter-on-quarter growth of 0.2 per cent.


The Reserve Bank of India (RBI) compiles the HPI on a quarterly basis using transaction-level data received from the registration authorities.

The HPI for Q4:2025-26, with base year as 2022-23, is based on data from 18 major cities.

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