Wednesday, May 23, 2007

Mehngaa Mumbai

According to a study conducted by International Human Resource organisation ECA International, Mumbai has been listed as the 7th most expensive city to live in.
The rising property prices in India in general and Mumbai in particular, are cited to be the primary reason for this.
Hong King leads the list, followed by Tokyo, New York, Moscow, Seoul and London.
High Rentals in these cities cause the living costs to go up. Mumbai and Shanghai suffer from the lack of well equipped and modern facilities, hence inflating the price for facilities which do.
Shanghai, Caracas (Venezuela) and Paris fill up the remaining 3 slots in the list

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