If you compare the real estate market in Mumbai vs Dubai, you will be shocked:-
Dubai:
- More affordable
- Better infra
- Better yield
- Better financing
- No capital gains when you sell
The more important question to investigate: why are prices so high in cities like Mumbai?
A)
- Because big builders overcharge you.
- A long-chain of brokers overcharge you.
- Real Estate is deliberately made opaque.
Less transparency = great for a crook business.
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