Mumbai Is 16th Most Expensive City in the World

Written By: Archana L
Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Mumbai, the financial capital of India, now ranks 16th among the top 20 costliest cities in the world. The survey was conducted by the Knight Frank Wealth Report 2018.

    Mumbai Is 16th Most Expensive City in the World

    The index is drawn from the four major indicators. They are wealth, investments, lifestyle and future.

    The rise of Mumbai's city to 16th position on this count is supported by the rapid wealth creation in the country.

    The square feet price in Mumbai has gone up drastically over a period. The city of Mumbai was at the 15th position during 2016.

    Monaco, the sovereign city-state in Western Europe ranks first among the top 20 costliest cities in the world, followed by Hongkong which has secured the second position.

    The New York City secures the third position and London stands at the fourth position.

    India is expected to be the third largest contributor in Asia concerning wealthy population after China and Japan by 2022.

    Read more about: cities mumbai expensive survey
    Story first published: Thursday, March 8, 2018, 13:43 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more