Financial Express-Property rates in Mumbai: How much space will you get for Rs 9 crore?
If you are wondering in which city of India you can get the most prime property for $1 million (about Rs 8.7 crore), then the latest report of Knight Frank may surprise you. By spending this amount in Mumbai, you will get only 99 square metres or 1,065 sq feet of space, whereas in Delhi you can buy 208 square metres or 2,239 sq feet and in Bengaluru you can buy up to 370 square metres or 3,982 sq feet of area.
This figure clearly shows that in the last 10 years, real estate in Mumbai has become expensive, because the space available here for $1 million has decreased by 2.6%. At the same time, property has become more affordable in Delhi and Bengaluru, where 11% and 9% more space is available respectively compared to the last decade.
