Q.3) Recently, the Ministry of Housing flagged off a new index-The National Housing Bank(NHB) Residex, designed to track housing price trends in 50 cities across India. What is NHB Residex and also discuss the reasons behind the rise in housing prices. (GS-3)

Q.3) Recently, the Ministry of Housing flagged off a new index-The National Housing Bank(NHB) Residex, designed to track housing price trends in 50 cities across India. What is NHB Residex and also discuss the reasons behind the rise in housing prices. (GS-3)

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