{"id":113518,"date":"2021-05-24T07:17:45","date_gmt":"2021-05-24T07:17:45","guid":{"rendered":"https:\/\/www.edristi.in\/?p=113518"},"modified":"2021-05-24T07:17:46","modified_gmt":"2021-05-24T07:17:46","slug":"global-prime-residential-index","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/global-prime-residential-index\/","title":{"rendered":"Global Prime Residential Index"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question: What is the ranking of Mumbai in latest Global Prime Residential Index?<\/strong><br>A. 36th rank<br>B. 32nd rank<br>C. 30th rank<br>D. 40th rank<br><strong>Answer- A<br>Related facts<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Mumbai and New Delhi have moved one spot down to 32nd and 36th rank respectively in the latest(released May 2021) Knight Frank&#8217;s Prime Global Cities Index Q1.<\/li><li>Bengaluru has moved down four spots to 40th rank in the latest Index.<\/li><li>India\u2019s top property markets have witnessed a slight decline in the prime residential prices.<\/li><li>India\u2019s top property markets<\/li><li>These markets have witnessed a slight decline in the prime residential prices.<\/li><li>Mumbai &#8211; Prime residential market registered a decline of 0.1% with an average price of \u20b963,758 per square feet.<\/li><li>Bengaluru &#8211; It saw a decline of 2.7% year-on-year in prime residential prices.<\/li><li>New Delhi &#8211; It remained flat in terms of annual capital value change in prime residential market to an average price of \u20b933,572 per square feet.<\/li><li>Prime residential property<\/li><li>It is defined as the most desirable and most expensive property in a given location, generally defined as the top 5 per cent of each market by value.<\/li><li>The Prime Global Cities Index<\/li><li>It is a valuation-based index tracking movement in prime residential prices in local currency across 45-plus cities worldwide using Knight Frank&#8217;s global research network.<\/li><li>Three Chinese cities \u2013 Shenzhen, Shanghai and Guangzhou lead the index this quarter.<\/li><li>Shenzhen recorded the strongest performing world region with a growth of 18.9%, while New York was the weakest performing market with negative 5.8% growth.<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>By &#8212; Pankaj Pandey.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Link:<\/strong><br><a href=\"https:\/\/www.livemint.com\/news\/india\/mumbai-ranks-36-bengaluru-40-in-global-prime-residential-index-by-knight-frank\/amp-11620298653136.html\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.livemint.com\/news\/india\/mumbai-ranks-36-bengaluru-40-in-global-prime-residential-index-by-knight-frank\/amp-11620298653136.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: What is the ranking of Mumbai in latest Global Prime Residential Index?A. 36th rankB. 32nd rankC. 30th rankD. 40th rankAnswer- ARelated facts Mumbai and New Delhi have moved one spot down to 32nd and 36th rank respectively in the latest(released May 2021) Knight Frank&#8217;s Prime Global Cities Index Q1. Bengaluru has moved down four [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":113519,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1087],"tags":[2529],"class_list":["post-113518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-intne","tag-international-en"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/113518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=113518"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/113518\/revisions"}],"predecessor-version":[{"id":113520,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/113518\/revisions\/113520"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/113519"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=113518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=113518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=113518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}