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Global Prime Cities Index
December 4 , 2022
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- 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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