Amid a wobbly domestic realty market, office rents in Mumbai are the fourth most expensive in the world.
According to a research by real estate consultant Knight Frank, the commercial capital of India beats New York, Paris, Hong Kong, Shanghai and other global commercial hubs to the position in 2007 despite a dip in the rupee value.
Mumbais office rents have remained high due to mismatch in demand and supply in the commercial property space.
More : dnaindia.com
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