Sunday, 17 March 2013

Mumbai 16th costliest global city for luxury homes


Mumbai 16th costliest global city for luxury homes


Mumbai is the 16th most expensive city in the world in terms of owning a prime residential property with a price tag of around Rs 57,000 per sq ft, according to a report by real estate consultancy Knight Frank.

As per Knight Frank's prime international residential index, India’s financial capital is also among the few global cities that saw realty prices going up in 2012.

The report by the London-based consultancy firm has put Monaco, Hong Kong, London, Geneva and Paris in the top five positions. More details here

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