HT - Mumbai ranks 2nd, New Delhi 3rd in global property price index; Manila tops the list
Mumbai and New Delhi have recorded an annual increase in their real estate prices at 13% and 10.6% respectively, while Bengaluru has witnessed a modest 3.7% rise. Globally, Manila has topped the Knight Frank’s Prime Global Cities Index with an increase of 26%.
The Prime Global Cities Index is a valuation-based index tracking the movement of prime residential prices across 44 cities worldwide. The index tracks nominal prices in local currency.
