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Delhi moves five places down to 37th spot on Global prime cities index

Mumbai and Bengaluru dropped to 40th and 43rd rank in Q2 of Calendar 2021, from 36th and 40th rank, respectively

Vehicles stuck in a traffic jam due to rainfall at Delhi-Meerut Expressway, in New Delhi on Tuesday.
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Vehicles stuck in a traffic jam due to rainfall at Delhi-Meerut Expressway

Raghavendra Kamath Mumbai
Prices of prime residential properties in Delhi fell a marginal 0.2 per cent in the second quarter of 2021, leading to a drop of five spots — from 32 to 37 — in the Knight Frank's Prime Global Cities Index.
 
The fall was on a year-on-year (YoY) basis. Sequentially, the premium micro-markets of the city remained unchanged to record an average price of Rs 33,572 per sq ft, Knight Frank said.
 
Mumbai and Bengaluru also moved down to the 40th and and 43rd rank in Q2 of 2021 compared to 36th and 40th in Q1 2021, respectively. Bengaluru