Mumbai Ranks Sixth In Annual Housing Price Growth Among 46 Cities Globally

Mumbai has moved up to the sixth rank among 46 global cities in terms of annual price growth of high-end residential properties, with an appreciation of 5.5%

Mumbai has moved up to the sixth rank among 46 global cities in terms of annual price growth of high-end residential properties, with an appreciation of 5.5%

The report, titled ‘Prime Global Cities Index Q1 2023

The report, titled ‘Prime Global Cities Index Q1 2023

Mumbai moved up significantly from its 38th rank in Q1 2022, and Bengaluru and New Delhi also witnessed an upward movement in index ranking.

Mumbai moved up significantly from its 38th rank in Q1 2022, and Bengaluru and New Delhi also witnessed an upward movement in index ranking.

 Mumbai’s rise on the international index is largely attributed to the rise in demand in the city.

 Mumbai’s rise on the international index is largely attributed to the rise in demand in the city.

The report emphasizes that while the demand has been strong for all segments, it has seen a rise in the sale of higher value products.

The report emphasizes that while the demand has been strong for all segments, it has seen a rise in the sale of higher value products.