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Is Mumbai real estate expensive?

Is Mumbai real estate expensive?

There are over 10,000 properties across and around Mumbai in the price range of Rs 32-53 lakh. If you are looking at villas in and around Mumbai, there are 300 projects and the price range is rather broad with projects priced between Rs 20 lakh to Rs 40 crore.

Why is real estate so expensive in the Bay Area?

Steady demand is one reason why our housing market is so expensive, when compared to national averages. And this demand is largely driven by population growth and density. Over the past decade, the San Francisco Bay Area population grew at a faster pace than both the state of California and the nation as a whole.

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Which is the most expensive real estate in Mumbai?

Antilia. Situated on Altamount Road, one of the most exclusive roads in Mumbai. It is owned by billionaire businessman Mukesh Ambani, it reportedly costs around 12000 crores. It is the most expensive house in the world after Buckingham Palace.

Is Mumbai more expensive than London?

London is 246\% more expensive than Mumbai.

Is Mumbai as expensive as New York?

Cost of Living Comparison Between Mumbai and New York, NY You would need around 613,522.36₹ (8,145.95$) in New York, NY to maintain the same standard of life that you can have with 150,000.00₹ in Mumbai (assuming you rent in both cities).

Why is San Mateo County so expensive?

And thus, the reason for the high prices on the Peninsula is that there are a lot more people looking for homes and apartments than places that are available to buy or rent. To illustrate, between the year 2010 and 2015, San Mateo County added 72,500 jobs while only building 3,844 units of housing.

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Who owns the antilia house?

Mukesh Ambani
Antilia (building)

Antilia
Cost US $2.6 billion
Owner Mukesh Ambani
Height 173 m (568 ft)
Technical details