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Mumbai Ranks Among Top 10 Cities Globally with Fastest-Rising Property Prices.
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News18•26-09-2026, 16:50
Mumbai Ranks Among Top 10 Cities Globally with Fastest-Rising Property Prices.
- •Mumbai secured the eighth spot among 46 global cities, with a 6.2% year-on-year increase in property prices during the June quarter, as per Knight Frank.
- •Bengaluru ranked 12th and New Delhi 17th, making only three Indian cities in the top 46 list.
- •Tokyo leads globally with a 50.7% surge, followed by Manila (14.6%) and Dubai (10.9%) in property price growth.
- •Singapore, Nairobi, Christchurch, and Seoul also feature among cities with rapidly appreciating property values.
- •Shishir Baijal, Chairman and MD of Knight Frank India, stated Mumbai's inclusion in the top 10 signifies potential long-term returns for investors.
Key Questions Answered
Mumbai ranked eighth among 46 cities worldwide in the June quarter, recording a 6.2 percent year-on-year increase in prime residential property prices.
Tokyo, the capital of Japan, experienced the fastest-rising property prices globally, with a massive surge of 50.7 percent in the June quarter driven by limited land, increasing demand, low home loan interest rates, and foreign investment.
Only three Indian cities featured in the global list: Mumbai ranked 8th with a 6.2 percent annual increase, Bengaluru ranked 12th with a 4.5 percent increase, and New Delhi ranked 17th with a 3.9 percent increase.
