Mumbai: Residential property prices in Mumbai declined 9.1 per cent last fiscal, recording the first price fall since the 2008 global financial crisis, said a survey by consultancy firm Knight Frank.
According to the survey titled 'Knight Frank Prime Global Cities Index Q1 of 2012', property prices of global prime cities reported a 1.4 per cent growth during the period, compared to April 2010-March 2011.
On year-on-year basis, the prices of properties in prime global cities in the first quarter of 2012 fell 0.4 per cent.
"This represents the index's first quarterly fall since the depths of the global recession....more
10:55 PM, May 14, 2012
London: Indians are the most likely members of the global super rich to spend more on private jets and yachts over the next five years while Africans and Russians are expected to increase their charitable giving, a survey showed on Wednesday. A poll of 160 advisers at a private bank within global financial firm Citigroup Inc, which represents 5,000 clients worth on average more than $100 million each, found super...
01:03 PM, Apr 07, 2011