Current Affairs-Date

Current Affairs-Topics

PYQ & Syllabus

All Mock Test

SSC CGL

NABARD

Insurance

RBI Assistant

SSC CHSL

IBPS PO

SBI PO

CAPF

Current Affairs-Topics

Global Property Price Index 2024: Mumbai Ranks 2nd Delhi 3rd

Mumbai on 2nd rank leads the Prime Global Cities Index with a 13% annual price increase, while New Delhi on 3rd and Bangalore maintain 15th position respectively.

Indian Cities' Performance in Knight Frank’s Prime Global Cities Index

Mumbai ranks 2nd globally with 13% annual price increase
New Delhi jumps to 3rd position with 10.6% price growth
Bengaluru maintains 15th rank with 3.7% price rise
Indian cities show strong performance compared to global average
Ranks comparison between 44 cities globally.
Some cities (Madrid, Dubai, New Zealand) experiencing growth slowdown

Global Overview and Top Performers

Manila tops the index with 26% annual price increase
Los Angeles (4th), Miami (5th), and Nairobi (6th) follow Indian cities
Overall global price growth slows to 2.6% across 44 markets
European cities show momentum, led by Stockholm
Dubai experiences slight moderation after 124% increase since 2020

Factors Influencing Price Growth

Premium segment driving sales growth in Indian markets
Increasing affluence and demand for lifestyle-oriented properties
Strong economic outlook sustaining market momentum
Central banks' decisions on interest rates crucial for future growth
Lack of further stimulus from rate cuts affecting global market pricing

Top 10 Cities List of Global Property Price Index 2024

Rank	City	Annual Price Growth %
1	Manila (Philippines)	26.0
2	Mumbai (India)	13.0
3	Delhi (India)	10.6
4	Los Angeles (US)	8.9
5	Miami (US)	7.1
6	Nairobi (Kenya)	6.6
7	Madrid (Spain)	6.4
8	Lisbon (Portugal)	4.7
9	Seoul (South Korea)	4.6
10	San Francisco (US)	4.5

India WPI Inflation Rises to 0.52%

India’s wholesale price index (WPI)-based inflation turned positive in August 2025, rising to 0.52% year-on-year. This is a significant rebound from -0.58% in August 2024, signaling an upwar

FDI India Trends 2025

Foreign Direct Investment (FDI) remains a key driver of India’s economic growth. It supports capital formation, industrial development, employment generation, and overall economic stability.

56th GST Council 2025 Decisions

The 56th GST Council Meeting 2025, chaired by Union Finance Minister Nirmala Sitharaman on 3rd September 2025 in New Delhi, marked a historic overhaul of India’s indirect tax system. The Cou

India’s RBI Forex Reserves Data

India’s foreign exchange reserves play a crucial role in maintaining the country’s economic stability. According to the latest RBI Forex Reserves Data for August 2025, India’s re

Ajaya Babu Valluri Wins Gold

Indian weightlifting continues to make the nation proud on the international stage, and Ajaya Babu Valluri has once again proved why he is one of India’s brightest stars in the sport. At the

India Africa Trade Milestone 2025

India and Africa have recently marked a significant achievement in their bilateral trade relations, as Union Minister Kirti Vardhan Singh announced that India-Africa trade has crossed USD 100 bill

RBI Reveals Inflation Rate in India 2025

The Inflation rate in India in 2025 is a critical indicator for understanding how prices of goods and services are changing across the country. Recently, the Reserve Bank of India (RBI) launched t

India's Crude Oil Imports July 2025

India's crude oil imports have fallen sharply to an 18-month low in July 2025, marking a significant shift in the country’s petroleum trade dynamics. According to the Petroleum Planning

India’s Q1 GDP Estimate

India’s economy continues to show signs of robust recovery, and India’s Q1 GDP estimate for FY26 reflects this positive momentum. According to economists, the country is projected to g

Asset Monetisation India 2025

In a significant step to boost infrastructure funding, the Indian government has successfully raised ₹1,42,758 crore through Asset Monetisation India till FY25. This strategic move ensures that

Toppers

Current Affairs-Date

Current Affairs-Topics

PYQ & Syllabus

Current Affairs-Topics

Global Property Price Index 2024: Mumbai Ranks 2nd Delhi 3rd

Needs Help !

Preparing for UPSC or State PSCs ?