new delhi housing prices have increased by up to 71 per cent in 12 major cities including delhi and mumbai in januarymarch period of this year due to a surge in demand national housing bank said on thursday prices witnessed an increase ranging from 13 per cent in bhopal to 71 per cent in surat in comparison to that in the previous quarter of octoberdecember 2013 the quarterly update of nhb residex said prices however fell in 12 other cities ranging from 06 per cent in vijayawada to 57 per cent in patna indices for faridabad and kochi remained stagnant ahmedabad saw a prise rise of 61 per cent chennai 58 per cent and kolkata 51 per cent lucknow saw 49 per cent rise raipur 44 per cent mumbai 32 per cent nagpur 29 per cent dehradun 27 per cent hyderabad 22 per cent delhi 15 per cent and bhopal 13 per cent cities which witnessed a decline include jaipur 38 per cent guwahati 375 per cent bengaluru 36 per cent meerut 35 per cent bhubaneshwar 347 per cent and ludhiana 33 per cent prices fell in chandigarh by 27 per cent coimbatore 17 per cent indore 16 per cent pune 13 per cent and vijayawada 06 per cent the residex for the quarter januarymarch 2014 constructed for 26 cities has taken into account the price trends for residential properties in different locations and zones in each city it is based on the transaction data received from central registry of securitisation asset reconstruction and security interest of india cersai