Indian Real Estate Trend: Patna from 2007 to 2012

	The NHB - National Housing Bank property price index, NHB RESIDEX, for the January to March 2012 quarter shows a mixed trend with 5 major cities showing a rise & ten  recording a decline. Latest NHB RESIDEX is that 5  more cities have been added  by India's first and only residential property price index, taking the total to twenty. The new cities are Indore, Vijayawada, Ludhiana, Bhubaneswar and Guwahati. The index for the quarter January to March 2012 had witnessed moderation or stable property prices in a majority of the cities over the previous quarter, except in Jaipur and  Hyderabad, which have witnessed significant increase. Kochi, Bangaluru and Patna witnessed significant corrections. The Patna index stood at 129 (Base year 2007 =100 points) PATNA NHB Residex Zones - Patna Jan-Mar 2010 Index Oct-Dec 2010 Index Jan-Mar 2011 Index Oct-Dec 2011 Index Jan-Mar 2012 Index Zone 2 Nehru Nagar (Punaichak); Shivpuri; Jagnarayan Path; Patel Nagar Road (1-11); AnandPuri; Indra Nagar; Dujra; Chakaram; Uttari Mandiri and  Bal Dev Bhavan Road 120 145 145 145 131 Zone 3 R-Block; Mountasari Lane; Gandhi Nagar; Basant Vihar Colony; Patliputra Colony; Rajapur; Kidwai Puri; Krishna  Nagar; Buddha Colony Part-1; Krishna Nagar Park; Mandiri Kath Pul and Shanti Vihar 127 146 146 132 121 Zone 4 Akashwadi 88 105 105 104 104 Zone 5 Paschim Boring Road; Purvi Boring Kenal Road and RK Bhattacharya Road 149 170 170 156 156 Other Zone Kankar Bagh; Phoolwari; Bailey Road (New) and Gola Road 135 143 143 151 134 City Index 127 146 146 140 129 Src : National Housing Bank

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