India, Feb. 10 -- New Delhi has witnessed the maximum price appreciation of luxury properties at 6.7% and secured the sixth position among 44 cities globally. Mumbai is ranked seventh, and Bengaluru is ranked 13th, as per the Prime Global Cities Index by Knight Frank.
New Delhi jumped from the 16th spot in the October-December period of 2023 to the sixth spot in the December quarter of 2024, it said.
Mumbai prime residential prices also saw a strong growth of 6.1% year-on-year (YoY) in Q4 2024, securing the seventh spot in the overall rankings.
Bengaluru saw an impressive jump from the 27th rank in Q4 2023, to 13th in Q4 2024, and recorded 4.1% annual increase in prices.
Globally, Seoul ranked first with an 18.4% increase in average p...
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