The real estate sector is broadly classified into three segments viz. Residential, Commercial and Retail-Malls. There are 8 major real estate markets in the country, with Mumbai, NCR and Bengaluru being the top cities, followed by Pune, Hyderabad, Chennai, Kolkata and Ahmedabad. India's rank in the Knight Frank’s Global House Price Index has jumped 13 spots above to reach the 9th position among 55 international markets in the second-quarter of 2017 over June 2016 on the back of increasing prices in mainstream residential sector1.