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Chandigarh leads with 49.6% HPI surge in Q1 FY27
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News Analysis IndiaReporter
September 16, 2026
09:55 AM
City‑level data for Q1 FY27 shows Chandigarh posting the sharpest HPI increase at 49.6%, followed by Jaipur (36.4%), Kanpur (27.5%), Lucknow (17.7%) and Tiruvallur (16.3%). The spike in Chandigarh is tied to a recent change in collector rates effective 1 April 2026 and a shortage of new land parcels, both lifting prices. Delhi, Kolkata, Mumbai and Hyderabad recorded modest declines or slow growth.
