Price appreciation of luxury property: Bengaluru ranked 26th in the world

Delhi is at 27th spot while Mumbai is at 32nd position, the consultant said in its 'Prime Global Cities Index Q2 2020' report

Bengaluru and the national capital ranked 26th and 27th, respectively, globally in annual price appreciation of luxury residential properties, according to Knight Frank report.

Mumbai is at 32nd position, the consultant said in its 'Prime Global Cities Index Q2 2020' report.

While Bengaluru and Mumbai moved up by one place each, Delhi jumped five notches as compared with the previous report of Q1, 2020.

The capital value increased 0.6 per cent in Bengaluru and 0.3 per cent in the national capital, but fell 0.6 per cent in Mumbai during the April-June quarter this year, compared with the same period last year.

Knight Frank said