Monday 6 July 2015

Mumbai most expensive city for expatriates in India

Luanda, the capital of Angola, has been rated the world's costliest city to live in, for the third consecutive year by Mercer's Cost of Living Survey 2015. Hong Kong (2), Zurich (3), Singapore (4) and Geneva (5) top the list of most expensive cities for expatriates. Asian cities dominate the top 10 costliest cities rankings along with major cities in Switzerland in the report.

India's most expensive city to live in, Mumbai (74), climbed 66 places in the ranking. The city, says the report, has witnessed higher inflation over the last one year as compared to other metros, higher cost of fuel, transportation, increased prices of food items, home services and rentals, impacting the overall cost of living. Mumbai is followed by New Delhi (132) and Chennai (157), which rose in the ranking by 25 and 28 spots, respectively. Bangalore (183) and Kolkata (193), the least expensive Indian cities, climbed in the ranking, as well. 

Mumbai (74), is ranked higher and more expensive than cities like Dallas (77), Munich (87), Luxembourg (94), Frankfurt (98) and Vancouver (119) of the world. The world's least expensive cities for expatriates, according to Mercer's survey, are Bishkek (207), Windhoek (206), and Karachi (205).

Read entire article on http://goo.gl/qWGL1J


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MCHI-THANE has always been very clear that fine housing complexes and shopping malls cannot stand in isolation. A great City is the sum total of great buildings, great infrastructure and great people. MCHI has been committed to growth of the real estate sector and is credited with the harmonious growth and rise in quality and standards of construction in Thane City in the past decade.


Its aim as an Association of Developers has been to seek rational rules and regulations which are uniformly applied across the board as this will to a great extent result in speedy construction, cost reduction, fair pricing and a push for better quality standards at par with the developed world, with a high level of transparency.


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