India’s Most Costliest City To Live: People often leave their city and go to another city for work. In our city, people have their own house to live in. But they have to go to another city and live on rent. There are many cities in India where one can live comfortably on rent. You do not need to spend much to live there. But some cities of India are like this. Where living is not everyone’s cup of tea. In those cities, the rent for a single room is enough to spend one’s entire month’s salary. Let us know how expensive it is to live in the most expensive city of India.
Very expensive to live on rent in Mumbai
Mumbai is also called the city of dreams. It is said that this city does not sleep. The entire Bollywood of India lives here. Here is the house of India’s richest person Mukesh Ambani. Sachin Tendulkar, who is called the God of Cricket, lives here. Mumbai city is the most expensive city in India to live. According to a report by World of Statistics, Mumbai city ranks 353rd in the world in terms of cost of living. But it is at first place in India. The monthly rent for a one-room flat in Central Mumbai is Rs 533 i.e. approximately Rs 45,600. Which makes this city the most expensive city in India to live on rent.
Why is living in Mumbai so expensive?
Mumbai is also called the financial capital of India. Stock market trading also takes place in Mumbai. Year after year people from other states are coming to live in Mumbai. Demand for houses is high in Mumbai. Many people are taking houses on rent. So in such a situation the landlord has the opportunity to charge the rent as per his wish. Because there are many tenants in line for one house. That’s why the rent is so high here.