Rental Cost In Mumbai Is More Than Salary – CREDAI Research

Mumbai, India’s financial hub, is grappling with a rental crisis that is impacting professionals across all levels. According to a report by CREDAI-MCHI, the cost of renting a 1 BHK in Mumbai averages ₹5.18 lakh annually—significantly higher than the ₹4.49 lakh annual salary earned by junior-level employees. This financial strain is driving professionals to consider […]

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