Mumbai, Bengaluru among top 5 APAC cities with the steepest home price rise

Delhi was also on the list of top ten such cities with an average price rise of 6.8 per cent in the second half of 2022

Mumbai and Bengaluru were among the top five cities in the Asia-Pacific region that saw the steepest rise in home prices in the second half of 2022, a report released on Friday said. Both registered a price growth of 7 per cent year-on-year (YoY) between July and December last year. Metro Manila saw the steepest price rise of 24 per cent.

According to property consultancy Knight Frank's Asia-Pacific Residential Review, Mumbai and Bengaluru shared the 4th position on the list. Singapore and Tokyo were in second and third place with a price rise of 9.3 per cent and 9 per