Mumbai recorded the fourth highest year-on-year growth in prime residential prices among global cities for the quarter ended September 2023, according to Knight Frank’s Prime Global Cities Index for September quarter of 2023.
The 6.5 per cent increase in prime residential prices has moved the city up by 18 places from 22nd rank in September 2022. New Delhi and Bengaluru too recorded an upward movement in their index rankings. NCR moved from 36th rank a year ago to 10th in September 2023 with a growth of 4.1 per cent YoY, Knight Frank said.
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