Mumbai second in 44 cities globally in annual hsg price rise
The Free Press Journal|August 24, 2024
Mumbai and Delhi are at the second and third positions, respectively, among 44 cities globally in annual price rise of prime residential properties during the June quarter, Knight Frank said in a report.

The annual price growth across the 44 cities globally slowed to 2.6% in the second quarter of the 2024 calendar year, from 4.1% in the preceding quarter, real estate consultant Knight Frank report said.

Manila ranked first with a 26% annual rise during the quarter. Mumbai, with an annual price rise of 13% in prime residences, ranked second, up from its sixth rank in the year-ago period.

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