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According to Knight Frank's Frank Global House Price Index, India stood ninth among 55 international markets - 13 spots above its position on the index over April-June 2016.
It even bettered the performance over the previous quarter wherein it ranked thirteenth, it said.
At an annual price appreciation of 10.5 per cent India's residential sector out-shined matured markets such as China (9.6 per cent) and did nearly four times better than the price rise recorded in the United Kingdom (2.8 per cent), the report revealed.
"The residential sector in select tier-II cities such as Kochi, Lucknow and Kanpur have triggered the price growth. However, home prices in most metro cities such as Chennai and Delhi have not shown significant performance," Knight Frank India Chief Economist and National Director - Research Samantak Das said.
Overall nearly 90 per cent of the 55 housing markets witnessed a flat or positive price growth in the 12-month period to June 2017.
Iceland topped the index with a year-on-year price rise of 23.2 per cent followed by Hong Kong (21.1 per cent). Prices in both the markets primarily strengthened owing to limited supply and a healthy surge in demand, it added.