If you have $1 million and you are looking to buy a luxury home anywhere in the world, the most value-for-money option would be Sao Paulo, according to the study conducted by Knight Frank.
In Mumbai’s prime localities, the same amount can get a buyer only 1,000 sq ft area. The study cites demonetisation, implementation of Goods and Services Tax and Real Estate Regulatory Authority (RERA) as challenging for real estate market in India.
Let’s find out what kind of real estate you can buy for $1 million elsewhere in the world:
(Text: Moneycontrol; Image Credits: Getty Images)
For more finance stories, please visit Yahoo Finance