In the fourth quarter of 2020, Bengaluru was on the thirty sixth rank in prime world cities index
IT hub of the country- Bengaluru, slipped 4 spots to succeed in the fortieth rank within the world prime residential index within the first quarter of 2021. According to a latest report launched by main property advisor Knight Frank, Bengaluru witnessed a decline of two.7 per cent year-on-year within the prime residential costs, which resulted in a drop within the world place. In the fourth quarter of 2020, town was on the thirty sixth rank in Knight Frank’s prime world cities index report.
According to Knight Frank, the premium micro-markets of town registered a drop of 0.6 per cent within the annual capital worth change to a median show of Rs 19,2000 per sq. toes. According to the agency, the prime world cities index is mainly a valuation-based index-tracking motion within the prime residential costs. This is tracked in native foreign money in additional than 45 cities the world over by utilising Knight Frank’s world analysis community.
