NEW DELHI: Delhi has moved up to 18th position among 100 cities globally in terms of annual price appreciation in the luxury housing segment during the last year, according to Knight Frank.
Global property consultant Knight Frank’s ‘The Wealth Report 2025’ showed that the value of Prime International Residential Index (PIRI 100) has increased by 3.6 per cent in 2024. Of the 100 luxury residential markets tracked, 80 recorded positive or same annual price growth.
Amongst Indian cities, Delhi is ranked 18th, a significant jump driven by a 6.7 per cent year-on-year (YoY) growth in luxury residential prices. Mumbai follows at 21st, while Bengaluru ranks 40th. PTI