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Mumbai ranks 22nd in Global Prime Cities Index by Knight Frank

Mumbai ranks 22nd in Global Prime Cities Index by Knight Frank
Mumbai ranks 22nd in Global Prime Cities Index by Knight Frank
  • Mumbai stood at 22nd rank in a global index that measures annual price appreciation of premium residential properties, according to Knight Frank. In its report on ‘Prime Global Cities Index Q3 (July-September) 2022’, Property consultant Knight Frank said that all three Indian cities: Mumbai, Bengaluru and New Delhi, registered an increase in average annual prices in the third quarter of 2022.
  • The prime global cities index is a valuation-based index tracking the movement in prime residential prices in local currency across 45-plus cities worldwide.
  • Mumbai moved up to 22nd rank in the third quarter of 2022 from 39th rank in the year-ago period.
  • Bengaluru’s rank also moved up to 27th as against 41st, while New Delhi’s position improved to 36th rank from 38th rank.

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Published date : 01 Dec 2022 05:19PM

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