Delhi is India's fastest-growing hotspot for luxury homes, shows report

Auckland in the Australasia region topped the global index with 12.9 per cent price appreciation in the July-September quarter, compared to the same period last year

Delhi ranks 27th, while Mumbai and Bengaluru are placed at the 33th and 34th positions, respectively, in a global index that measures annual price appreciation of luxury residential properties, according to a Knight Frank report.

Auckland in the Australasia region topped the index with 12.9 per cent price appreciation in the July-September quarter, compared to the same period last year.

Manila and Shenzhen were at 2nd and 3rd positions, respectively, with 10.2 per cent and 8.9 per cent price rise.

The property consultant on Tuesday released its Prime Global Cities Index Q3 2020 report.

In the Q2 (April-June) report, Bengaluru and Delhi were at