Mumbai & Bengaluru among best performing residential markets

13 Feb 2023 CW Team

According to Knight Frank, Mumbai and Bengaluru are two of the top five residential markets in Asia Pacific in terms of yearly price growth, with rates increasing by 7% in each city. The second half of 2022 will see yearly price increase in Mumbai and Bengaluru ranking among the top five best performing Asia-Pacific residential markets, according to real estate consultant Knight Frank's Asia- Pacific Residential Review Index.

Up to 14 out of 23 Asia-Pacific (APAC) cities have seen positive yearly price rise, with Metro Manila leading the pack with a year-over-year (YoY) growth rate of 24%.

Tokyo ranked third with a 9% increase in residential costs, while Singapore came in second with a 9.3% increase in price.

"Mumbai and Bengaluru tied for fourth place on the Asia-Pacific Residential Review Index with a 7% YoY (year over year) price growth in H2 2022. Delhi, with price growth of 6.8% YoY in H2 2022, was among the top 10 best performing APAC markets "added the consultant.

In the following 12 months, prices in the residential markets of Bengaluru, Mumbai, and Delhi are anticipated to climb considerably.

Residential price increases in Bengaluru are predicted to increase by 3% to 5%. Residential price increases in Mumbai and Delhi are anticipated to be in the region of 3–4% and 2–3%, respectively.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..