Synopsis
According to the Gurugram-based digital real estate company, the HPI, created in association with the Indian School of Business’ (ISB) Srini Raju Centre for IT and the Networked Economy (SRITNE), aims to serve as a tool that tracks changes in residential home prices across India s eight major markets.
Agencies
The index would help decision-makers in the industry and government by providing relevant information on the real estate market and design effective action and interventions, said Rajendra Srivastava, Dean ISB.
Online real estate portal Housing.com along with the global business school, Indian School of Business (ISB), has launched its Housing Pricing Index (HPI), an indicator of economic activity in real-estate, the second-largest employment generating sector in India.
Launched during a virtual meet attended by Union Housing & Urban Affairs Secretary, Durga Shanker Mishra and several industry leaders and academicians, the HPI will provide monthly reports on price and quantity movement in various property markets across the country.The
Read more about Housing.com launches price index for residential properties with ISB on Business Standard. Housing.com and ISB 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