The National Housing Bank’s latest NHB RESIDEX release reports a 7% annual rise in its 50 city housing price index for April to June 2026. The release says 47 of the 50 cities recorded growth. It lists a 21.5% annual rise for Bengaluru and 3.7% for Pune among seven major housing markets. The index uses bank and housing finance company valuations, not the sale price of one home. (National Housing Bank’s June 2026 release)
What NHB RESIDEX measures
NHB RESIDEX tracks changes in housing values across cities. The latest release reports its index of assessment prices collected from banks and housing finance companies. NHB says the index uses a four quarter moving average. It is a broad market measure, not a valuation of an individual property. (NHB RESIDEX dashboard)
What the April to June release reports
The National Housing Bank published the release on 8 September. It says the 50 city index rose 7% from a year earlier. It also says 47 cities recorded growth. The seven named primary markets all rose. The listed annual figures range from 3.7% in Pune to 21.5% in Bengaluru. (NHB press release page)
These figures describe an index, not a price list. A city level rise does not show what a specific flat, street or project is worth. You still need current sale records and project documents for the home you are considering.
BestProp.ai’s report on India’s first half housing sales covers the number and value of homes sold. Sales activity and a valuation index measure different things.
Questions buyers may ask
Does the 7% figure mean every home rose by 7%? No. It is a 50 city index based on bank and housing finance company valuations.
Can I use NHB RESIDEX to price one home? No. It does not give a project or street level sale price. Compare the asking price with current records for that location.
BestProp.ai reviewed the National Housing Bank’s Q1 FY 2026 to 2027 release and RESIDEX dashboard. The reported period is April to June 2026.