TNPSC Thervupettagam

Global Prime Cities Index

December 4 , 2022 530 days 483 0
  • London-based property consultant Knight Frank has ranked Mumbai in the 22nd position in a global Prime Cities index.
  • This measures the annual price appreciation of premium residential properties.
  • All three Indian cities - Mumbai, Bengaluru, and New Delhi saw an increase in average annual prices in the third quarter of 2022.
  • 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.
  • New Delhi's position improved to 36th rank from 38th rank.

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