Delhi ranks 63rd globally as greenest city for real estate

According to reports from Knight Frank, in India, Delhi is the greenest city for real estate and ranks 63rd globally. The top five green cities in the world are London, Shanghai, New York, Paris and Washington. Knight Frank said that Delhi ranks 63rd globally and is the greenest city in India, followed by Chennai with a global rank of 224, Mumbai with rank 240, Hyderabad ranking 245, Bengaluru ranking on 259 and Pune with rank 260. Knight Frank measured 286 cities on various factors like well-developed public transportation networks, urban green space and higher green-rated buildings. It estimates that India will receive an international real estate investment of $2.5 billion in 2022. The countries set for international real estate investment in 2022 are the US, UK, Germany, France and Netherland. Chairman and Managing Director of Knight Frank, Shishir Baijal, said that previous serious structural reforms had put India's real estate sector in a high position, attracting global attention. He noted that improving the Covid-19 pandemic condition in India along with policy interventions to support real estate would help the country in attracting global investment. He said that India's commercial real estate sector had shown strong global investor interest. With the best global participation on the capital and development front, product's volume and quantity will see growth in future. Image SourceAlso read: India secures 54th rank in Knight Frank’s housing price index