Despite the 26/11 terror attacks, Mumbai is the tenth costliest city in the world for properties, while India's IT capital is second cheapest, just ahead on Cairo, in a list of 120 cities, a research reveals.
Despite the 26/11 terror attacks, Mumbai is the tenth costliest city in the world for properties, while India's IT capital is second cheapest, just ahead on Cairo, in a list of 120 cities, a research reveals.u00a0
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The costliest city for properties is Monte Carlo, where a top-end apartment costs around Rs 23.15 lakh per square metre, followed way behind by Moscow (Rs 10.14 lakh per sq m) and London (Rs 10.10 lakh), according to property research group Global Property.
New York (Rs 7.25 lakh), Paris (Rs 5.89 lakh), Singapore (Rs 4.72 lakh), Rome (Rs 4.46) and Mumbai (Rs 4.45 lakh) made up the rest of the list.
Meanwhile, Cairo was found to be the cheapest city (Rs 27,933) followed by Bangalore (Rs 31,972).
The top ten cities
1. Monte Carlo
2. Moscow
3. London
4. Tokyo
5. Hong Kong
6. New York
7. Paris
8. Singapore
9. Rome
10. Mumbai
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