A Housing Pricing Index (HPI) on residential property prices in eight cities across the country has been unveiled by real estate portal Housing.com in association with Indian School of Business (ISB).
It seeks to help homebuyers assess the appropriate time to purchase as well as assist sellers know the opportune moment to sell assets. Policymakers and financial analysts can make use of the Index as a reliable estimate to keep track of the trends in the real estate sector, said a release from Housing.com by Union Housing and Urban Affairs Secretary Durga Shanker Mishra.