[INDIA REAL ESTATE NEWS] Good morning, everyone. I’m Shubham Pundir staff of Kamagroup Pvt. Ltd. Here I have important INDIA REAL ESTATE news to share with you which is as mentioned under.
New Delhi has emerged as the 10th fastest growing prime market in the world with an annual capital value growth of 4.4% in the second quarter of 2019. However, the property market has slipped three places in the overall ranking during the quarter from 7th position in the first quarter, showed Knight Frank’s Prime Global Cities Index.
Other key Indian cities Bengaluru with 2.8% rise and Mumbai with 0.8% appreciation were ranked 15th and 30th on the list, respectively, showed Knight Frank’s Prime Global Cities Index.
The index tracks the movement in luxury residential prices across 46 cities globally. The index highlights that luxury residential prices across these markets have registered an average increase 1.4% in the year to June 2019 period.
Read more at: https://economictimes.indiatimes.com/wealth/real-estate/new-delhi-worlds-10th-fastest-growing-prime-residential-market-slips-3-places-in-q2-report/articleshow/70752825.cms
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