Nominal growth of residential property prices in the local currency reached 8.41% in 2017 in India, according to the National Statistical Office. This is 25.7% more than in the previous year.
Historically, nominal growth of residential property prices in the local currency in India reached an all time high of 24.2% in 2012 and an all time low of 6.69% in 2016.
India has been ranked 16th within the group of 71 countries we follow in terms of nominal growth of residential property prices in the local currency.
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