![]() ![]() Mumbai features at the 30th rank with a mere 0.8% 12-monthly change, recording a weighted average capital value for prime properties at INR 64,764 per sq. Bengaluru recorded a weighted average capital value of prime markets at approximately INR 19,000 per sq. ![]() While Bengaluru, which featured at the 15th rank of the Prime Global Cities Index as compared to 20th rank in Q1 2019. New Delhi has slipped three places in the overall ranking in Q2 2019 from 7th position in Q1 2019 to 10th position in Q2 2019. ![]() New Delhi, by virtue of limited supply of luxury properties saw a rise in weighted average of capital values which were recorded at INR 33,511 per sq ft recording an annual rise of 4.4%. Of the eleven that saw prices decline, Istanbul (-9.9%) and Vancouver (-13.6%) were the weakest markets. Moscow slipped to third rank in Q2 2019.76% (35 out of 46 cities) registered price growth in the year to June 2019. Frankfurt, by comparison, has seen its annual price growth increase from 9.6% to 12.0% over the same period and managed to secure second rank replacing Moscow. Bengaluru (2.8%) and Mumbai (0.8%) were ranked 15th and 30th on the list respectively.īerlin continues to lead the index, however, its rate of annual growth has slowed from 14.1% in March 2019 to 12.7% in June 2019. The index highlights that luxury residential prices have registered an average increase 1.4% in the year to June 2019 period. The report tracks the movement in luxury residential prices across 46 cities globally. International Property Consultant Knight Frank in its recent report Prime Global Cities Index ranks New Delhi as the 10th fastest growing prime market in the world with an annual capital value growth of 4.4% in Q2 2019. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |