Knight Frank's Global Prime Residential Index Highlights Remarkable Growth in Indian Cities

What is Knight Frank's Global Prime Residential Index? 

Knight Frank's Global Prime Residential Index is a quarterly report that tracks the performance of residential real estate markets in cities worldwide.

Which Indian cities have shown impressive growth in the latest index? 

Mumbai, Bengaluru, and New Delhi have showcased remarkable growth in the Q2 2023 index.

What factors have contributed to India's strong performance in the index? 

Factors such as increased demand, economic stability, and global investments have fueled India's growth in the real estate sector.

What are the global trends in residential price growth according to Knight Frank?

Residential price growth across 107 world cities has slowed, with a year-on-year increase of 1.7 percent in Q2 2023.

Which city leads the Global Residential Cities Index for Q2 2023? 

Ankara, the Turkish capital, leads with the highest growth rate of 105.9 percent, followed by Istanbul.