According to a recent research, the two metro cities of India Mumbai and New Delhi have been reported to be the most promising markets. The research study says, the markets holds a significant potential and these can attract more and more potential investors to invest in this emerging market.

This fact came out after the study of 'Wealth Report 2010'. The report was concentrated on three different major surveys. There surveys are on the 'Prime International Residential Index (PIRI)', 'World's Most Influential Cities' survey and on the 'HNWI Attitudes to Property and Wealth'.

Knight Frank's Prime International Residential Index (PIRI) reported that in Mumbai the price growth has been increased by 11%. But the proportion of mortgage debt to GDP in India is still around 6-8%.

The survey has also indicated the Asia Pacific Region as one of the most popular markets for investment. So far as property market is concerned, India has gained remarkable momentum and significant amount of growth. It has been forecasted that the prime property price in India will change by 12 to 15%.