Luxury property in Mumbai costlier than in Dubai !

A report from property consultant Knight Frank says it is more expensive to buy a luxury property in Mumbai compared to Dubai.

In Mumbai $1 million can buy 96 of prime property while in Dubai the same amount can buy 145 sq mt of luxury property.

Out of 20 cities in the ranking, only Sao Paulo, Dubai and Cape Town are cheaper than Mumbai. Monaco is the costliest city in the world.

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