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House Price Dynamics in Mumbai, 1989–1995

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  • Piyush Tiwari
  • Hiroshi Hasegawa

Abstract

The objective of this paper is to study the importance of price index methodology to analyzing intra†metropolitan house price variations in Mumbai. Two hedonic regression†based approaches – cross section and explicit time variable – are compared. The results indicate conclusively that the former is better than the latter. This paper also contributes to the literature on intra†metropolitan house price variations by explaining them based on urban development, population and employment patterns in Mumbai.

Suggested Citation

  • Piyush Tiwari & Hiroshi Hasegawa, 2000. "House Price Dynamics in Mumbai, 1989–1995," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 12(2), pages 150-163, July.
    • Handle: RePEc:bla:revurb:v:12:y:2000:i:2:p:150-163
    DOI: 10.1111/1467-940X.00027
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    Cited by:

    1. Muhammad Irfan, 2007. "The Impact of Open Sewerage Smell on House Rent in Rawalpindi," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 46(4), pages 803-815.
    2. Luca Stanca, 2008. "Le determinanti dei prezzi delle abitazioni: aspetti microeconomici," Working Papers 143, University of Milano-Bicocca, Department of Economics, revised Jul 2008.

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