Mumbai Ranks at 37th Place Globally in Price Growth in Luxury Housing
Mumbai’s jumped to
from 92 in a global list of movement in prices of
as the city saw a gain of 6.4 percent during the 2022 calendar year.
Property consultant Knight Frank virtually released ‘The Wealth Report 2023’ in which
has ranked 37th.
Mumbai’s prime property market has witnessed a price appreciation of
globally which moves up the city to 37th position on the PIRI 100 in 2022 as opposed to 92nd in 2021
Prime properties in
are expected to witness an appreciation of 3 percent in 2023
As per the report, the prime residential prices in
rose 44.2 percent in 2022, maintaining its position at the top of Knight Frank’s PIRI 100 and cementing its status as a global hub
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