Global luxury property rates register lowest growth since Q4 2009

By
18

  • Share on
luxury

International Property Consultant Knight Frank has recently released its Prime Global Cities Index that tracks the movement in luxury residential prices across 45 cities globally. The said index highlights the fact that the prices of luxury residential properties have registered the lowest rate of annual growth since the final quarter of 2009. While the prime property prices were increasing at an average rate of 4.3 percent per annum two years ago, the pace has been slowed down to 1.3 percent at present. However, Delhi secured a spot in the list of top 10 cities globally. The prime property rates across the city increased by 5.8 percent on YoY basis and 4.4 percent on QoQ basis.


Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. 99acres does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.


  • Share on
Rate it 1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...Loading...
  • Post a New Comment

Usage of 99acres.com to upload content which enables targeting by religion/community/caste/race is prohibited. Please report inappropriate content by writing to us at report abuse
Home Legal Sitemap Send Feedback
Back To Top