look news india
Bollywood actor Vivek Oberoi has recently shifted to Dubai. Dubai is considered one of the richest cities in the world. However, after reading this news, you will feel that you are not living in Mumbai but in Dubai.
People living in cities like Haryana and Gurugram will have to save for more than 50 years to buy a house. Chandigarh is the most economical city in this case. The duration of savings here is about 15 years.
Haryana and Gurugram are second in real estate in India.
The average monthly MPCE per capita income for the top 5% of the urban population in Maharashtra is Rs 22,352.
The National Housing Board (NHB) has released a report. According to this report, 5 percent of the richest 5 percent of the families in terms of income in Maharashtra will also have to save for 100 years to buy a house in Mumbai.
The prices of homes in Mumbai have reached Rs 26,975 per sq ft on an average. This figure has overtaken not only other Indian cities but also from international centers like Dubai.
After Kovid, the Indian Real Estate sector has risen. The prices of homes in major cities across India have increased by an average of 48 percent.
Property prices in Mumbai are now 20 percent higher than Dubai. Indians are ready to buy a house in Mumbai at any cost.