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Luxury home prices in Delhi, Bengaluru & Mumbai record negative growth in Q3 of 2017: Knight Frank Prime Global Cities Index

Luxury home prices in Delhi, Bengaluru & Mumbai record negative growth in Q3 of 2017: Knight Frank Prime Global Cities Index

Mumbai, Nov 14 (UNI) The prices of luxury homes in key Indian metros have declined sharply in September amid a global pattern of weakening prices, revealed the Knight Frank Prime Global Cities Index Q3 for 2017.

The index that tracks the movement in luxury residential prices across 41 international cities, every quarter, rose by 4.2 per cent in the year up to September 2017, however, at least 19 of these cities saw a decline in annual growth.

Delhi saw the biggest drop in rankings as it slipped from the 31st to the 36th position.

Besides Delhi, Bengaluru also recorded sharper negative growth at minus 0.8 per cent, while the prices for luxury homes in Mumbai saw a marginal increase of 0.6 per cent between September 2016 and September 2017, albeit on a declining trend.

Reflecting on the dismal performance, all the three metros featured on the price index slid from their positions in the previous quarter.

UNI JM SS NP2019

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Public deposits are safe in Govt banks: Goyal

Public deposits are safe in Govt banks: Goyal

19 Jun 2018 | 7:59 PM

New Delhi, June 19 (UNI) Finance minister Piyush Goyal assured on Tuesday that the public deposits in the Public Sector Banks (PSBs) are extremely safe.

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Power capacity additions: 5 GW by 2022 & 30 GW by 2030

19 Jun 2018 | 7:49 PM

New Delhi, Jun 19 (UNI) Ministry of New & Renewable Energy declared medium and long term target for off-shore wind power capacity additions, which are 5 GW by 2022 and 30 GW by 2030, a statement said.

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Kottayam-Kochi Rubber Market Rates

19 Jun 2018 | 7:17 PM

Kottayam, June 19 (UNI) Following were the Rubber Market rates
announced by the Rubber Board here today per quintal
KOTTAYAM
RSS FOUR Rs 12600
RSS FIVE Rs 12150
ISNR TWENTY: Rs 11900
SIXTY PERCENT LATEX: Rs.

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Heimtextil India & Ambiente India fair from June 27

19 Jun 2018 | 7:11 PM

Mumbai, June 19 (UNI) Running into its 5th edition, Heimtextil India & Ambiente India will open doors this month from 27 - 29 June at Pragati Maidan, New Delhi.

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Range Rover Sport SVR, SVAutobiography bookings open

Range Rover Sport SVR, SVAutobiography bookings open

19 Jun 2018 | 6:57 PM

Mumbai, Jun 19 (UNI) Bookings for dynamic Range Rover SVAutobiography and Range Rover Sport SVR has started, Jaguar Land Rover India announced.

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