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‘Brain drain’ in Mumbai due to ever-rising real estate prices; people earn ₹4.49 lakh to pay ₹5.18 lakh for rent
Renting a 1 BHK in Mumbai costs ₹5.18 lakh annually, surpassing the average salary of junior employees. High rental prices may lead to a ’brain drain’ as professionals seek affordable cities like Bengaluru and Delhi, where rents are significantly lower.
Renting a 1 BHK in Mumbai costs ₹5.18 lakh annually, surpassing the average salary of junior employees. High rental prices may lead to a ’brain drain’ as professionals seek affordable cities like Bengaluru and Delhi, where rents are significantly lower.
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