The property prices in Chennai remained stable in the last one month. Over the last 3 months, the MPI has seen an increase of 11.33% - it has moved from 1396 in August 2011 to 1554 in November 2011. As compared to last year, the Chennai Property Index in November 2011 has increased by a whopping 56.78%. Prices had dropped significantly in the second quarter of 2010 due to the economic slowdown. From thereon, the prices have been rising steadily, ...... Read more »
The property prices in Chennai remain stable in the last one month.Over the last 3 months, the MPI has seen an increase of 5% - it has moved from 1465 in September 2011 to 1538 in December 2011.As compared to last year, the Chennai Property Index in December 2011 has increased by 54.1%. Prices had dropped significantly in the second quarter of 2010 due to the economic slowdown. From thereon, the prices have been rising steadily, with minor highs ...... Read more »
The year 2011 can best be described as a lackluster year for Indian real estate sector. There were several headwinds that prevented the sector from delivering to its full potential. High property prices and rising home loan interest rates kept the home buyers away from the property market. Property transactions in major Indian cities were down by 20-40% for the year. The survey ran on the website between 27th November to 15th Dec 2011, witnessed...... Read more »
The property prices in Chennai have actually appreciated by 9.1% in the last three months. The Chennai property index for October month stood at 1569 compared with 1438 in the month of July 2011.... Read more »
Property prices in Chennai appreciate by 5% in the last one month. ... Read more »
The property prices in Chennai increased by 3% in the last one month. The Index in July 2011 stands at 1604 as against 1554 in June 2011.... Read more »
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