NUMBEO

Cost of Living in Mumbai

IndexInfo
Cost of Living Index (Excl.Rent): 28.91
Rent Index: 20.82
Groceries Index: 29.26
Restaurants Index: 21.71
Cost of Living Plus Rent Index: 25.10
Local Purchasing Power: 69.43
Restaurants [ Edit ] Avg. Range
Meal, Inexpensive Restaurant 200.00 Rs 150.00-350.00
Meal for 2 People, Mid-range Restaurant, Three-course 950.00 Rs 600.00-1,500.00
McMeal at McDonalds (or Equivalent Combo Meal) 200.00 Rs 150.00-300.00
Domestic Beer (1 pint draught) 115.00 Rs 100.00-150.00
Imported Beer (11.2 oz small bottle) 200.00 Rs 120.00-300.00
Cappuccino (regular) 107.81 Rs 78.00-150.00
Coke/Pepsi (11.2 oz small bottle) 29.57 Rs 20.00-40.00
Water (11.2 oz small bottle) 13.29 Rs 10.00-20.00
Markets [ Edit ] Avg.
Milk (regular), (1 gallon) 185.97 Rs 151.42-227.12
Loaf of Fresh White Bread (1 lb) 24.84 Rs 18.14-31.75
Rice (white), (1 lb) 24.87 Rs 18.14-31.75
Eggs (12) 59.86 Rs 50.00-72.00
Local Cheese (1 lb) 167.21 Rs 113.40-226.80
Chicken Breasts (Boneless, Skinless), (1 lb) 105.98 Rs 81.65-136.08
Buffalo Round (1 lb) (or Equivalent Back Leg Red Meat) 183.14 Rs 127.01-226.80
Apples (1 lb) 67.60 Rs 54.43-90.72
Banana (1 lb) 23.78 Rs 16.78-36.29
Oranges (1 lb) 33.69 Rs 22.68-45.36
Tomato (1 lb) 17.88 Rs 13.61-22.68
Potato (1 lb) 11.96 Rs 9.07-15.22
Onion (1 lb) 14.81 Rs 9.07-22.68
Lettuce (1 head) 42.50 Rs 25.00-60.00
Water (1.5 liter bottle) 29.39 Rs 25.00-30.00
Bottle of Wine (Mid-Range) 500.00 Rs 400.00-1,000.00
Domestic Beer (0.5 liter bottle) 105.90 Rs 80.00-130.00
Imported Beer (11.2 oz small bottle) 210.03 Rs 120.00-300.00
Pack of Cigarettes (Marlboro) 220.00 Rs 130.00-250.00
Transportation [ Edit ] Avg.
One-way Ticket (Local Transport) 15.00 Rs 10.00-25.00
Monthly Pass (Regular Price) 500.00 Rs 300.00-700.00
Taxi Start (Normal Tariff) 22.00 Rs 20.00-25.00
Taxi 1 mile (Normal Tariff) 30.58 Rs 22.53-35.41
Taxi 1hour Waiting (Normal Tariff) 75.00 Rs 60.00-120.00
Gasoline (1 gallon) 261.63 Rs 246.05-283.91
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 750,000.00 Rs 627,000.00-900,000.00
Toyota Corolla 1.6l 97kW Comfort (Or Equivalent New Car) 1,437,931.03 Rs 1,100,000.00-1,800,000.00
Utilities (Monthly) [ Edit ] Avg.
Basic (Electricity, Heating, Water, Garbage) for 915 sq ft Apartment 2,824.87 Rs 1,800.00-4,850.00
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.93 Rs 0.50-1.00
Internet (10 Mbps, Unlimited Data, Cable/ADSL) 1,215.51 Rs 800.00-2,000.00
Sports And Leisure [ Edit ] Avg.
Fitness Club, Monthly Fee for 1 Adult 1,788.31 Rs 1,000.00-3,000.00
Tennis Court Rent (1 Hour on Weekend) 531.79 Rs 300.00-1,000.00
Cinema, International Release, 1 Seat 300.00 Rs 200.00-400.00
Clothing And Shoes [ Edit ] Avg.
1 Pair of Jeans (Levis 501 Or Similar) 2,466.99 Rs 1,800.00-3,000.00
1 Summer Dress in a Chain Store (Zara, H&M, ...) 2,602.22 Rs 1,800.00-4,000.00
1 Pair of Nike Running Shoes (Mid-Range) 3,504.16 Rs 2,500.00-5,000.00
1 Pair of Men Leather Business Shoes 2,905.38 Rs 2,000.00-4,000.00
Rent Per Month [ Edit ] Avg.
Apartment (1 bedroom) in City Centre 34,745.38 Rs 25,000.00-50,000.00
Apartment (1 bedroom) Outside of Centre 18,201.79 Rs 12,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 94,973.73 Rs 60,000.00-150,000.00
Apartment (3 bedrooms) Outside of Centre 42,904.99 Rs 30,000.00-60,000.00
Buy Apartment Price [ Edit ] Avg.
Price per Square Feet to Buy Apartment in City Centre 45,832.43 Rs 29,999.75-64,999.46
Price per Square Feet to Buy Apartment Outside of Centre 15,802.44 Rs 9,999.92-24,999.79
Salaries And Financing [ Edit ] Avg.
Average Monthly Disposable Salary (Net After Tax) 43,669.99 Rs
Mortgage Interest Rate in Percentages (%), Yearly 10.39 9.60-12.00

Prices in Mumbai, India

These data are based on 8409 entries in the past 12 months from 690 different contributors.
Last update: August, 2016
Sources and References : Info
Add new source here:
URL:
Description:
Cost of living in Mumbai is 71.09% lower than in New York (Info)Our estimator (with default settings) estimate monthly expenses for a single person at 342.03$ (22,955.42Rs) and for four person family at 1,209.50$ (81,175.17Rs) (without rent).
Sign up for our newsletter:
Your email address:
Leave a comment :
Your name: Sign In
Your email address (optional):
Your comment (no HTML):

61 Comments so far

#Anonymous on Jul 19, 2016 :
I find Big Metros like Mumbai in India very very expensive w.r.t New York City. The reason is that author has simply given data according to the cost and not effective cost by completely ignoring the Mortgage interest rate.
Just for example the author has got data cost of apartment but ignored mortgage interest rate which is very low in the US(less than 4 percent) w.r.t. India(10 percent) at the moment. So, the author should calculate effective cost of apartment. Along with this, the author should consider the hidden cost in the form of black money which exits in real estate in India.
Just see the Average Monthly Disposable Salary (Net After Tax) of NYC which is more than 5 times that of Mumbai.
##CowNepalJackass on Jun 29, 2016 :
Wow poor you. Unable to come into India with your tokens of slaughter and murder of innocent bovines. Look at me. I am privileged. I kill cows to express my freedom. How will I survive?!! I cannot eat beef, wear leather, bring cow parts. I am going to break an artery. No one wants you in India. Why don't you contemplate how you'll survive in Dubai or Saudi or any other Muslim "democracy" without being able to consume liquor freely, eat pig and generally be liberal? Or sneak exotic animal parts into Australia or NZ? Or cope with durian bans in SG? Of course, you have to pick the one country where beef consumption is a sensitive issue. Instead of applauding us for at least doing the minimum to keep senseless slaughter of bovines you decide to come to a forum and rant bout something completely inconsequential! (slaugter of cows has been linked successfully as the main cause for third world hunger, famine and poverty. but given the dung in your head instead of grey matter I doubt this will hit home).
#Anonymous on Jun 10, 2016 :
A city where you pay more and get less.... Yes that's what is Mumbai guys...Let me do a simple comparison below with Bangalore where I stayed for 10 years and now moved to Mumbai....
1) Hotel stay- A filthy room where you can barely enter with no balcony and an age old AC at 2K per night in Mumbai. Similar quality room in Bangalore- Rs.600 but room will be still larger
2) Food- barring Vada Pav, samosa and Thelas. A dark low light restaurant- Minimum dish rate 150 as against 70 for Bangalore for the same class of restaurants. Normal restaurant with AC and bar will have an average dish at 300 and peg rates at 300 per 60 ML in Mumbai and for Bangalore it will be 180 for food and 180 for 60 ML of liquor.
3) Rentals- please close your eyes since for 15K 50 kms from city centre you will stay at a 1 BHK with no woodwork or kitchen work. No balconies off course. In Bangalore at 15 kms from city centre you can expect a 2 BHK with all amenities with 2 Balconies and off course
spacious. Woodwork and kitchen work will be there for sure.
4) Public Transport- Mumbai here beats Bangalore since all Autos and Taxis are metered and if you can adjust your body you can try the local train as well to reach your destination on time. Public transport in Bangalore is comparatively poor with Autos demanding double the metre fare normally.
5) Private transport- it's same for both cities since you will face kilometres long traffic jams during peak hours

Overall if you are a family of 4, with car, rented house in a city apart from Mumbai. Even with a 30% plus salary hike you will lead an inferior life here in Mumbai
#Cow N Nepal issues on Feb 05, 2016 :
hindu religion radical movements have been exploded since modi took over the government.

the most terrible impression is regarding the muslim father got slaughtered for allegedly keeping beef in his home just near outside mumbai but later the meat turned out to be mutton instead. the worse is corrupt indian police for not punishing the mob slaughters and instead sided with the mob slaughters' accusation and helped test the meat they found in the home of the slaughtered muslim father whether or not beef. mister police, what is wrong with eating beef? does india democracy constitution ban eating beef on india land? why not modi adhere to the india constitution through which he was sworn in for presidency?
you can play both god and devil at the same time.
it seems hindu radicalism is more terrible than jihad radicalism but i don't want both for the sake of dignity, safety and peace for our human kind. we don't need crazy people creating crazy law and doctrine such as judism, muslin, christian, hindu, budha, all is bullshit and destroys harmony in our society. the world where we survive now is practical in reality instead and no afterlife, no incarnation, incarnation from million to billion population, please use your mind logically. no afterlife so no soul but mental hallucination instead in medical term and no hell, no heaven. your life ends with your death just like million slaughtered chicken, without string attachment.

not sure about consequence of tourists bringing cow leather shoe, belt, wallet, accessories or food such as beef jerky, would their fate be worse than the slaughtered muslim father mentioned above? the muslim father got slaughtered due to wrong information but you have proof of carrying cow leather shoe, belt, wallet so it is more justified to slaughter you, isn't it?

hope there is clarity from modi government regarding of bringing of part of cow or else i dare not visit india because i don't want my fate to be similar or worse than the innocent alleged muslim father mentioned above.
also how much fair and reliable protection can i get from the inefficient indian police?

Also urge and request modi government to relent on the nepal nation, i really want to visit nepal but india's blockade of essential items such as oil, medicine, etc chokes and fails daily normal life of nepal unlike never seen before so visiting nepal now means i shall be stranded in one place like in a prison without free movement enjoyed by pre-blockade tourists. there is alway consequences coming back for actions it is a matter of time so urgently request modi to reconsider action on nepal before it is too late to the extent of no turning back.
#Hershiela on Feb 03, 2016 :
I'm looking to relocate to Mumbai on a work permit I would like to know of an average rental for a one bed apartment

Thanks
#Anonymous on Nov 13, 2015 :
Banrda is a nice place to live. There, you can find 1 bed from about 50k and 3 bed for about 100k per month. But double these figures for something modern and stylish.

Mumbai property is incredibly expensive relative to earnings for most people in the city.

All my friends and family in Mumbai live in family owned property. I don't know anyone who could, based on their income, own property.
#Shah on Oct 29, 2015 :
Leaving London moving to Mumbai it's a big change income will be a lot less! Andheri is the best place to stay for the younger generation who's moving from uk to Mumbai it would cost 1 lakh a month or more same as London to rent and have a decent time!!
#Satish gautam on Aug 25, 2015 :
Hii all
I will be moving to Mumbai .can u all let me know how abt room rent for 1bhk flat and school fee for my daughter.I will be working in bandra west
Kindly assist
#Anonymous on Apr 30, 2015 :
our government is completely corrupt no improvement. they are not bother for poor peoples
#ram on Apr 10, 2015 :
How much would be 1 bhk flat Rent in Kurla or Tilak Nagar.
#Kiara on Apr 08, 2015 :
Hi, I am moving to Mumbai for 4 months from June 2015. I need to find accommodation, can you recommend good websites etc for shared accommodation around the centre?
#Anonymous on Mar 26, 2015 :
#patrick . how do i contact u ?email me at srishtee.gautam@gmail.com.
its urgent. pls do reply
#Patrick on Mar 13, 2015 :
Hi,

I can assist in finding suitable accommodation, office space, rental car etc.. in Mumbai & anywhere in Gujarat. Feel free to get in touch.
#asha on Feb 28, 2015 :
Hi I want to visit india and stay near santacruz/andheri/malad west area, what rental i am supposed to be looking i am coming only for 2 month,and looking for furnished studio apartment. and what will be the car rental on monthly basis as i want to rome around neighbouring state gujarat,hydrabad,chennai so what can i expect per month car higher with monthly tariff?
#Vaidyanathan on Feb 11, 2015 :
What would be the rent in & around Bandra Kurla Complex in Mumbai ? I am new to this city. I am from South india..
#Satya on Feb 07, 2015 :
What is the monthly cost of living including food, transport etc., for a student interested to reside in a single room with or without kitchen in Malad, mumbai?
#Prateek on Feb 01, 2015 :
I stay at Borivali (E) in a 2 BHK apartment and it costs Rs 27k per month inclusive of society maintenance charges.
#Firoz on Dec 15, 2014 :
Hi.... I want to know that if my salary is 8500 rs only can I survive in Mumbai in Nalasopara. Please help me. How much sud b sufficient to survive in Mumbai. Please tell me. I m from Badarpur border New Delhi.
##rockpanda on Nov 04, 2014 :
1rk in Vashi 5k
kharghar, belapur 6-7 but in kamothe u can get in 4 k

1 bhk 5 - 7 k

2 bhk 6-8 nice home
#venky on Oct 11, 2014 :
My friend is going to work in HPCL,Mumbai. Can u tell me the average accomantaion cist for rent room and lunch? suppose he will share room with his workers,wat will be the total cost?
#venky on Oct 11, 2014 :
My friend is going to work in HPCL,Mumbai. Can u tell me the average accomantaion cist for rent room and lunch? suppose he will share room with his workers,wat will be the total cost?
#Soham. on Sep 30, 2014 :
Home sweet home for rent n buying call on +917710962123 south Mumbai.
#Anonymous on Sep 11, 2014 :
Hi Luna, in 410 USD its tough to survive in mumbai if this include rent.
#Mauricio Luna on Sep 04, 2014 :
Hey,
I'm from Colombia, and i am expecting to move to India for a season and i wonder if 410 usd are enough to live in Mumbai? Thanks!
#manohar on Sep 01, 2014 :
I would like to buy a own house can any one suggest a best place and cost plz
#Anonymous on Aug 29, 2014 :
hi, I have offer a JOB in Mumbai by a firm, having office in kanjur marg east, with the salary of 80000/- a month.
where should I take rental 2 bhk to settle, should be convenient to reach office, should easy to travel western region.
#kaykay on Jul 24, 2014 :
Somethng should be done, like rent control of something. it's absurb having to pay 10 to 15 k to live in an uninhibatible place on top of that you'd have to pay security. Mumbai is no New york.. so go some place else
#Deepu Rajan on Jul 09, 2014 :
Hi

I would suggest Kochi is the best place to stay. I save almost 80% of my net salary every month after all my expenditures.

I would suggest you to move to Kochi and save money for your future and invest in property.

Regards
Deepu
#Mumbai calling on Jun 22, 2014 :
what will be the approximate cost of a single room male pg(single bed) near dadar west?
#anish varshney on May 31, 2014 :
its cheaper in thane and navi mumbai. all prices are nearly 30 to 40% less. travel facilities are also enough to reach the mumbai city. in navi mumbai, last year, 2013, my cousin brother bought a 3bhk in 40lac. their rent is hardly 5000 to 10000rs. and the hotel fares are between 1000rs to 2000rs for a 3 star hotel. navi mumbai is well developed. its a planned city
#Sajad ahmad on Mar 22, 2014 :
Hi,
I would like to take the opportunity today to provide an update on the actions associated with this initiative.
Nice to see kind of source of cost of living in productive manner, i have updated as per current scenarios of Mumbai :)
can anyone help me for this but keep remember it who wll help me that person must shud be indian so plz contact with me either on fb king.sajad08@rediffmail.com or on phone 9906683224
#Sajad ahmad on Mar 22, 2014 :
Hi,
I would like to take the opportunity today to provide an update on the actions associated with this initiative.
Nice to see kind of source of cost of living in productive manner, i have updated as per current scenarios of Mumbai :)
#Rohit on Mar 04, 2014 :
For the people who are looking for real rent information try Housing.com, they have very good information about rental.
#Aam Aadmi on Feb 12, 2014 :
Mumbai is crowded..settle in upcoming cities and have a decent life..even though u can earn upto same amount of salaries...why cribbing...if you are flexible.if you love Mumbai..then continue...Whatelse, we can say,..
#Anita on Jan 26, 2014 :
Hi Niharika,
Thank you so much for the inputs. It really helps. I am just about learning about the taxes, health care, as well. Let's see how it goes. Thank you again!
#Niharika on Jan 25, 2014 :
Hi Anita,
Try looking for places in the following order:
1st preference- andheri west- lokhandwala or 4 bungalows. These are the best places in Andheri west, so you might end up with a decent place that suits your need. Costs can be VERY high. say Rs.50000 per month minimum at some places. However i would suggest you avoid andheri east at any cost. Although cheaper, its the neighbouring slums and filth thats off putting.

2nd- if you're willing to travel by trains, then anywhere from bandra west to andheri west or even borivali west should be convenient. However, the costs might go up the more you head towards south mumbai (bandra side). see the mumbai map for a better idea.

So to conclude, i'd say that for a decent living, you'll need to make at least 50 to 60000 rupees per month (per person) in 2014 and you might even end up saving up to 25% of it.
This is just a general over all scenario.

Source: born and brought up in mumbai.
#Anita on Jan 15, 2014 :
Hi, I have a job offer from a firm in Mumbai, Andheri West. What would be a good and safe place to life? Also, I'll be relocating from London and want to know what is the cost of living there- for middle/upper middle group as I am still negotiating my contract. Thanks.
#alpesh suthar on Jan 14, 2014 :
I received a job offer @1 lac per month. My family is wife & 2 kid. What will be approx expense per month in thane??
#nvss sarma on Jan 11, 2014 :
Congress government is hiking the prices & it is so difficult to survive for a common man in Mumbai.Now a days people don't have anything except thinking about money...It is really hampered a lot.In Mumbai outside to the city 1 bhk flat cost near about 10 lacs in 2011 but now 40 lacs.In this planning of a common man cant achieve till the last breath of life.salary rises in between 6 to 11% but property cost rises 80% in every year.God can save us from this hectic life nothing else....Human being literally fed up this life...
#Butt Manzoor on Jan 05, 2014 :
Can anyone tell me that how many rupess i vill have to arrange for living in mumbai for One m0nth?
#swathi on Jan 04, 2014 :
hard to find a decent place for 25k
#Ramakrishnan on Dec 24, 2013 :
Living in Mumbai for a single person in a very simple way with no additional luxuries I quote a minimum 20,000 rupees which doesn't include any entertainment and parties if you r dreaming about...plus be ready to face the traffic snarls, noise during festivals,slow internet, crowded metro services during peak hours, the best thing in Mumbai inspite of all the chaos there is defenitely fun filled moments which will bring you back the memoirs frequently....

All the best.
#shiva on Dec 08, 2013 :
cost of living has gone up just because of the ruling party and their voters...
better wipe of the government levying much of burden on the common man...
#Animesh on Sep 14, 2013 :
What should be the standard salary for a bachelor to live in Mumbai!!
#Jax on Aug 28, 2013 :
The rents are way off
1 bhk (city center) - Rs 40,000 to 50,000
1 bhk (outside city center) - Rs 25,000 to 35,000

3bhk (city center) - Rs 150,000 upwards
3bhk (outside city center) - Rs 65,000 upwards
#Peter on Aug 01, 2013 :

the cost reflected for the above is RS25,000.00 per month. This is very unrealistic. I am currently looking for a 1 bedroom furnished apartment in Mumber (Andheri west) which is the cheaper part of the city, and I have not even found one that is suitable. The ones that I have looked at are not at all liveable at the price of RS26,000 minimum. Hardly any furnishing at all. apt in very poor condition. surroundings are very dirty, flaking paint, etc, no facilities.

when stating prices, one needs to compare the same, Singapore price is correct but this is for the city centre in an apt with complete faciities, apt is clean and similar to a hotel, swimming pools, tennish courts, gym are standard.. A 1bed room furnished apartment in the mumbai city centre (South Bombay) will cost the same or even more with the same standards of cleanliness and facilities.
#Harsh on Jul 09, 2013 :
Very good site, but you should also collect and show data of Monthly Electricity Bill separately. Hope to see that soon...
#Balchander R M on Jul 05, 2013 :
I owned a house at Mumbai. I have everthing but i do not have a permanent job. I am afraid of job. I am earning Rs.15000/- per month. I have born and bought in Mumbai. I am staying at Mumbai for 39 years. Can I shift to Bangalore.
#Ranjith on Jun 28, 2013 :
i got job in mumbai and my salery is 12000 per month, is it enough to live there?
#Sajz on Jun 16, 2013 :
guys can anyone tell me average household income in Mumbai/Thane/Kalyan
#Sajz on Jun 16, 2013 :
if you see mumbai is the 2nd cheapest compared to rest of the world
#Mumbaikar on Jun 13, 2013 :
All the data appears to be accurate, except of course the apartment prices..!! In the heart of Mumbai the prices are anywhere between Rs. 300,000 and Rs. 800,000 per square meter in a good building..! Even in the suburbs the prices are anywhere between Rs. 80,000 (in north Mumbai) and Rs. 400,000 (in the Western suburbs).

@Sarah: Living a decent life in Mumbai with only USD 300 a month is going to be really difficult, if not impossible!
#Mandy on Jun 05, 2013 :
Esther## rent at Tata Memorial hospital would be betwee INR 15000 to INR 20000 per month.. in addition if you are going through broker then you have to pay 1 or 2 rents as his commission..
#Esther Okotie eboh on May 15, 2013 :
I need a funished apartment close to Tara memorial hospital mumbia India for 6 month, what is rent per month?
#Sarah on May 14, 2013 :
Hi :)

I'm about to go to India, and i was wondering if 300 USD about 16500 rupee for a month it would be enough to live there? I will have to pay rent.
#jacks on Mar 27, 2013 :
OK.. may have exaggerated a bit on the cost to buy a house in Mumbai.. its more like 50 to 100 times annual rent.
#David on Mar 05, 2013 :
hi guys can i get some information for living in Mumbai if i wont to rent a floor with 2rooms and kitchen.and Bathroom how much its can cost me in USD or India money can anyone assist me in that has am coming soon to India so i wont to know its better to me to live in New Delhi or Mumbai with my family
#Sandeep on Feb 20, 2013 :
Hi,good initiative. Should also include data on other groecry items like oil,spices, fruits, bath products, house cleaning products. Plus data on school fees, pvt tution, books. The data on medical expenses. Lot of other data can be added to have a wholesome view of what it takes to live in Bombay (to me still this name exist)
#Harshad on Feb 17, 2013 :
Ben - South Mumbai is completely exempted from power cuts even during massive rainfall. It probably had to do with the dilapidated building that you stayed in that had to do with the powercuts. I stay in Dadar and in 5 years we've faced not one powercut so I don't know what you're talking about.

Loknath - Mumbai is NOT the most expensive city in the world. Look up real time data. It's Moscow!

MadOnion - If by City Centre, you mean Central Mumbai, you're right.
However, the city centre is construed as the South Mumbai area and you won't have rates below Rs. 50,000/sq ft for these areas. Central Mumbai has rates between Rs.20,000 - Rs. 35,000 depending on the locality. The Rs. 5000 / sq ft rate you talking about is for areas almost 50-60 kms outside the city centre but inside the metro area!
#Ben on Feb 05, 2013 :
I stayed in worli in early 2006 , 2BR aprtment ,zero furniture in the living room, only 1 queen size bed at each bedroom ( 2 inch mattress),very dilapidated walk-up apartment , about 70 sqm, 55,000 Rs per month. So it is a steal after all these years of price hike in ppty prices, if one only needs to pay 50,000 for a 3BR.

Prepare some candles at home. Always power failure during heavy rain.

Try butter and garlic crab at Excellent Sea, very nice and cheap. Mahesh lunch home is no-no. Not nice and expensive.

Overall nice food in mumbai restaurant. Dun buy bread when ppl knock on your door. Shelve life is less than 24 hours.
#Mumbai resident on Jan 03, 2013 :
Most of the data here is right, except property rentals and capital prices. They are wayyyyyyy offfffff reality. Find me a house at these prices and I'll buy or rent only with an intent to immediately sell/sub-lease to make a profit. By definition, realty cant have a price index of 18 linked to NY in Mumbai. while everything is cheap here (and index in 30s makes sense), property is not very cheap compared to even US. At 64000/sq mtr, you won't find a house outside the centre, you will find it 20 km outside the boundaries of the city! Same for city centre prices and rentals. So users of this site beware, real estate is damn costly here, don't go by these numbers.