New Delhi: A study conducted by the Global Property Guide, the object of which was to compare appreciation of real estate prices in different cities in the world over the last two years showed that Delhi has recorded the steepest rise in the real estate prices compared to all other cities in 43 countries.The study showed that property prices in Delhi appreciated by 60% between the first quarter of 2011 and first quarter of 2013. Delhi is followed by Sao Paulo in terms of property price appreciation and showed 43% rise in real estate prices between Q1 2011 and Q1 2013. Hong Kong has come across as the city with the third highest appreciation rate of 33%.The European countries are far behind the countries with emerging economies in terms of property price appreciation as of now these countries are battling recession. Property prices in most of these countries have witnessed a steep fall. Countries like UK, France and Russia have witnessed stagnant market in the last two years. As the US economy is recovering it has witnessed a rise in property prices by 9%. Countries like Philippines, Norway, Estonia, Iceland, Turkey, Indonesia, New Zealand and South Africa have witnessed above 10% appreciation in real estate prices.Countries of southern Europe which have troubled economies like Portugal, Italy, Greece and Spain besides Netherlands and Croatia have witnessed a fall in property prices. While in Portugal and Spain prices fell by 15% prices in Greece fell by 21%.However the study can be termed imperfect as it has only take a handful of cities into its concern while trying to predict global trends. Official data on Indian cities clearly states that Jaipur has witnessed the greatest appreciation in property prices of 67% in the concerned period. Cities like Mumbai, Chennai, Pune, Bhopal, Kochi and Faridabad have witnessed greater appreciation of property prices that Delhi.займ на карту без отказов круглосуточновзять кредит онлайн