Housing.com launches price index for residential properties with ISB

Real estate portal Housing.com and Indian School of Business (ISB) on Monday launched an index to track prices of residential properties across eight major cities as part of their effort to provide real-time data to all stakeholders.

The Housing Pricing Index (HPI) of Housing.com-ISB was launched by Union Housing and Urban Affairs Secretary Durga Shanker Mishra through a virtual event.

He said the index will be useful for homebuyers as well as policymakers to decide the future course of action.

Mishra said the housing prices index was required for the society and will help in nation making.

He informed that National Housing Bank (NHB) also releases its housing prices index.