Luxury Homes Resilient
Indian prime housing markets defy global slowdown.
New Delhi: Bengaluru, Mumbai, and Delhi ranked among the world’s top 15 prime residential markets, outperforming global peers despite a slowdown in luxury housing growth, Knight Frank said in August.
Bengaluru (10.2%), Mumbai (8.7%), and Delhi (3.9%) recorded robust annual growth, securing 4th, 6th, and 15th spots globally. Globally, growth averaged 2.3 per cent in Q2 2025, down from 3.5 per cent in Q1. Seoul led with 25.2 per cent, followed by Tokyo (16.3%) and Dubai (15.8%).
“India’s prime markets are resilient. Tech wealth, infrastructure upgrades, and luxury demand keep India in focus,” said Shishir Baijal, Chairman & MD, Knight Frank India. Other strong performers include Manila (9.1%), Bangkok (7.1%), Madrid (6.4%), and Nairobi (5.6%).
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