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
Amid Mumbai’s urban landscape, one enigma stands tall - the soaring cost of rental accommodation. The essentials of life – ‘Roti, kapda aur makaan' are universal, but in Mumbai, securing a 'makaan' proves to be a bank-breaking task.
To continue reading this article subscribe to Mid-day GOLD
Choose Your Subscription Plan
Already a member? Login
1 YEAR DIGITAL SUBSCRIPTION
1 Year Subscription : ₹899/- ₹499/-
Best value deal!
OTHER DIGITAL SUBSCRIPTION
6 Months Subscription :₹499/-
3 Months Subscription :₹299/-
1 Month Subscription :₹99/-
Become a Mid-day GOLD member and we'll deliver the most premium news to you.
For any queries please contact us: E-mail: support@mid-day.com
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
