London-based property consultant Knight Frank has ranked New Delhi and Mumbai in 32nd and 36th positions respectively in the Global Prime Residential Index.
This Index is a valuation-based index tracking movement in prime residential prices in local currency across 45 plus cities worldwide.
Bengaluru moved down by four places in Q1 2021 and is ranked 40.
Three Chinese cities – Shenzhen, Shanghai and Guangzhou lead the index this quarter.
New York was the weakest-performing global city during the period.