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  • Stop import of onions: Pawar
  • Did lot of research of role: Simon-Al-Bazoon
  • Censorship not just restricted to cinema: Rohini
  • Pak LeT militant caught alive in Kashmir
  • Dhoni to attend Chinar Cricket Premier League final on Nov 26 in Kashmir
  • Need to curb pollution levels in tier-II cities to prevent them from becoming like Delhi: Transport Minister
  • New policy to boost real estate sector, regularisation of unauthorized colonies by next month: Vinni Mahajan
  • 9 narcotic smugglers arrested; narcotics worth crores, Rs 24'23 lakh in cash seized in J&K
  • NCP to protest against Fadnavis Govt from Dec 1
  • Militants kill more than 230 at mosque in Egypt's North Sinai
  • Sangli custodial death: Kothale family moves HC, demand SIT probe into Aniket's murder
  • After HC order 'S' Durga's cast urges jury to watch film again
  • ‘Team Dangal’ led by Nitesh Tiwari conducts a master class at IFFI 2017
  • Yadadri temple will be wonderful monument soon: CM
  • CM Vijayan to review passing out parade of Kerala Armed Police
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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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