Mumbai’s industrial property rents almost doubled last year, rising at the fastest pace in the world.
According to an international report, annual industrial rents in India’s financial capital surged to nearly 80 euros (127 dollar) a square meter.
Global average rents rose by more than 6 %, outpacing the 4.5 % increase in 2006, with Asia showing the biggest gains, boosted by economic growth in India and China.
One Comment
This shows the industrial growth of mumbai. If any one pay such a huge sum for rent and continueing business there then there is definitely some profit in their business.