- The Prime Global Cities Index was just announced by real estate expert Knight Frank India.
- The third quarter of 2023 has seen the release of this index.
- This index contains information on 46 cities in total.
- This index illustrates the annual average price increase for luxury or prime residential properties over the course of the previous year.
- The Philippines’ capital, Manila, stands at the top of this index.
- In Manila, the cost of housing has gone up by 21.2%.
- Shanghai is in third position, and Dubai is in second.
- This index includes three Indian cities.
- Bengaluru, Delhi, and Mumbai are these three cities.
- Bengaluru is ranked 17th, Delhi is ranked 10th, while Mumbai is placed fourth in this ranking.
- San Francisco, USA, comes in last.
