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

Akshat Shrivastava This tweet is completely out of sync to the current reality.
Reality is Mumbai holds 3rd highest number of billionaires and within last year added 26 billionaires. More than any other city in world.

Demand for real estate is way more than Dubai’s, which is completely dependent

Ishwar Singh Akshat Shrivastava Real estate also has unsold inventory, best instrument for black money as well as bribe interface, lastly do look at the rental market to understand the real issue.
This has nothing to do with those billionaires who are part of the only niche, primium segment.

YogyKS Akshat Shrivastava His point was rich leaving for Dubai for tax breaks.

Ishwar Singh YogyKS Akshat Shrivastava The rich he's talking about are from all over the world, not just India. And no foreign national is lining up to buy an apartment in Colaba just because.