By Vivek Dubey

CNBC-TV18.com

Published Feb 28, 2024

Mumbai in top 10 global luxury markets; Check Delhi, Bangalore rankings

Knight Frank's Wealth Report 2024 reveals a 3.1% rise in the PIRI 100, with Mumbai's luxury market making a phenomenal leap globally.

#1 Manila

Luxury residential markets’ performance, annual price change (2022 - 2023)

Annual change 26.3%

#2 Dubai

Luxury residential markets’ performance, annual price change (2022 - 2023)

Annual change 15.9%

#3 The Bahamas

Luxury residential markets’ performance, annual price change (2022 - 2023)

Annual change 15.0%

#4 Algarve

Luxury residential markets’ performance, annual price change (2022 - 2023)

Annual change 12.3%

#5 Cape Town

Luxury residential markets’ performance, annual price change (2022 - 2023)

Annual change 12.3%

#6 Athens

Luxury residential markets’ performance, annual price change (2022 - 2023)

Annual change 12.0%

#7 Ibiza

Luxury residential markets’ performance, annual price change (2022 - 2023)

Annual change 12.0%

#8 Mumbai

Luxury residential markets’ performance, annual price change (2022 - 2023)

Annual change 10.0%

#9 Shanghai

Luxury residential markets’ performance, annual price change (2022 - 2023)

Annual change 8.6%

#10 Mustique

Luxury residential markets’ performance, annual price change (2022 - 2023)

Annual change 8.0%

#37 Delhi

Luxury residential markets’ performance, annual price change (2022 - 2023)

Annual change 4.2%

#59 Bengaluru

Luxury residential markets’ performance, annual price change (2022 - 2023)

Annual change 2.2%