Finding the perfect apartment in Mumbai is like chasing a mirage: It appears within reach but not quite. We investigate the factors that contribute to the city’s inflated housing rentals
Mumbai’s notorious rentals are aggravated by the additional costs of deposits and heft brokerage. Image Courtesy: iStock
- With high rental costs, the aspiration of residing in affluent areas remains a dream
- The rental prices can be increased yearly at the owner’s discretion
- Owners ask brokers to cap the rents at non-negotiable rates
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