While it is a matter of great pride that India's commercial capital made it into this list, the article has failed to mention a unique distinction that Mumbai has that no other candidate in this list possesses.
That distinction is that Mumbai is the only city where people openly defecate on public property at all times of the day and night!
Yet Mumbai makes the cut and is at the 6th spot on this list!
Rediff newswriters and editors needs some serious and immediate improvements in terms of framing those headline sentences. See what the headline has to say "Mumbai 6th most expensive office location " as If it trying to say about Mumbai's 6th Most Expensive Office location, top 5 also being in Mumbai only- whereas what it intends to say is that Mumbai has world's 6th Most expensive of Office locations. A single miss of comma and articles and you change the meaning of the story.
Re: Rediff Needs Improvement
by gujurati on Feb 25, 2011 12:45 AM
any man with some common sense can understand what the title wants to say. Sorry for you...
Re: Rediff Needs Improvement
by Mitesh Jain on Oct 10, 2011 11:00 PM
What rubbish are you writing .The headline is correct .What you are writing is rubbish.Infact what you have suggested is completely wrong English n grammar..and ur suggestion very funny.Go learn something..Dont know from what type of English schools u people come.
that mumbai costs so much with so poor infrastructure.. its all hype generated by greedy people there.. it comes nowhere to the value for money as in new york or london.
Re: cannot beleive
by Pro Indian on Feb 25, 2011 12:30 AM
Mumbais infra is far better than other Indian cities... But Govt is not able to provide infra to millions of people migrating to Mumbai. Center Govt. should give appropriate fund and Mumbai will shine brighter on the World Map. Mumbai is the Best.
Re: Re: Re: cannot beleive
by Pro Indian on Feb 25, 2011 01:00 AM
There is no use of advocating for Mumbai against the devils (Politicians). They will ruin the city for their dirty politics. Others feel that Mumbaikars want to keep them away from dream city and cry foul. So better to think in other direction, get everybody in and provide more funds for Mumbai.
Re: cannot beleive
by Pro Indian on Feb 25, 2011 12:30 AM
Mumbais infra is far better than other Indian cities... But Govt is not able to provide infra to millions of people migrating to Mumbai. Center Govt. should give appropriate fund and Mumbai will shine brighter on the World Map. Mumbai is the Best.
The ONLY reason we have the BPO industry today is because of cost advantage - cheap labour availability. IT, BPO industry brought foreign currency - Dollars and Euros.
The foreign remittances fueled businesses and consumerism. SO there were more people buying apartments. Because there was disposable cash and the rates were affordable. Like you could own a decent apartment in Pali Hill for under 50 lacs back in the 2000s.
Now because of this madness called real estate, all prices gone up - vegetables, groceries , milk every thing. Because shop keepers have to recover the money they pay as rent / or used to buy the place.
So what costed 10 rupees costs 25 today. The net rate of the commodity probably increased by 1 or 2 rupees. But you end up paying 14 rupees for the cost of the place.
So a cup of coffee costs 25 rupees. Cost of coffee did not change much. But the coffess shop owner paying rentals that are 5 times more than what he used to pay.
So you are paying real estate costs everywhere on every thing - from the meal you eat through movie you watch.
So as the cost of living increases, people tend to demand higher salaries. Higher salaries means , lower margins for the companies. So they shift bases to other countries because there is no cost advantage anynore.
Thats what happening everywhere in IT and BPO. When dollars and Euros stop flowing in, there will no takers for these 'LUXURIOUS APARTMENTS IN PRESTIGIOUS LOCALITIES' costing ridiculous 10 crores and so
Re: Consumerism
by virat agarwal on Feb 24, 2011 12:35 PM
i hav to say ur a genius ur analytical skills are nothing short of brilliance...im impressed thanks
Re: Re: Consumerism
by Mitesh Jain on Oct 10, 2011 11:04 PM
lo.It made me laugh ..I,T and BPO people are buying Flats in South Mumbai ..lols..arey they find it difficult to buy in Pune..what they will buy in South Mumbai or any part of Mumbai .I work in Infosys I.T and I cant even imagine buying a flat in Mumbai ..These flats are bought by Big share Bazaar mafias ,bollywood actors n actresses ,sport persons ,political gundas and tatas,ambanis and reliance ..nit by I,T and BPO people.we cant buy in Virar also now.
So , its cheaper to go setup your business in Paris or Switzerland are cheaper than in Mumbai. lol. Why not people doing it ? I mean , Paris and Zurich have 100 times better infra structure and very clean cities to live. And any country welcomes investors. So I guess people should go and setup their businesses there instead of squandering their funds in a greedy Mumbai.
As recent as in 2000, the cost was not this much. Mumbai was nowhere in terms of office space ( in the top 100). Suddenly in 10 years , it became Number 5.
Greed. Greed and more Greed.
New Papers have special sponsored editions for real estate. All the rates are hypothetical , dictated by the realty mafia of Mumbai.
Re: Re: So the survey says
by chintan jhunjhunwala on Feb 24, 2011 11:56 AM
how can u compare detroit,which is a dying economic city according to the time magazine with mumbai which is a thriving city.u compare ny or washington wih mumbai not detroit.
Re: Re: Re: So the survey says
by Balan Iyer on Feb 24, 2011 12:03 PM
I also read the same Time Magazine which you read and visited Detroit 2 yrs back and i didn't find it to be a dying City.NY is costly;but others are not.
Re: Re: Re: Re: So the survey says
by chintan jhunjhunwala on Feb 24, 2011 12:18 PM
well it was an issue in 2009.it showed the car industry having died out and showed lot of pictures of dilapitated buidings and most of the workforce out of work.
Re: So the survey says
by chintan jhunjhunwala on Feb 24, 2011 11:42 AM
people ae not doing it because people are smart enough to stay away from compressing economies and even with all the filth in indian cities it is still ok to live in them.ur post suggest another superiority complex of being an nri who is living in an ivory tower.
Re: Re: So the survey says
by neildsoza on Feb 24, 2011 11:44 AM
I am neither NRI or living in an ivory tower. That comment is uncalled for. If you have objection, learn to express in a responsible and logical way if you understand what it means.
Re: Re: Re: So the survey says
by chintan jhunjhunwala on Feb 24, 2011 11:54 AM
sure man i have been to both the cities u mention.paris mainly revolves around the roads leading from eiffel tower which is the main paris.parisians themselves have told me that the cost of living is so high in paris that it is impossible for any french to reside there.they reside in the suburbs and take the metro to work otherwise there are huge trafic jams and takes hours to reach the work place just like any big city.there are also ghettes in paris where all the immigrants are put up and they are filthy.as for zurich i saw junkies poking needles inside themselves near the bahnofstrasse leading to the railway station.there the main form of public transport is tram .mumbai already has a population twice that of whole switzerland.though the cities are beautiful they are unbelievably expensive.
Re: Re: Re: So the survey says
by Balan Iyer on Feb 24, 2011 11:58 AM
That is the problem with many Indians who can;but refuse to come to grip with the naked truth.No doubt,India is a paradise for racketeers and black marketeers.
Re: Re: Re: Re: So the survey says
by chintan jhunjhunwala on Feb 24, 2011 12:02 PM
are u one of them.am not.this is a worldwide phenomenon otherwise why u thnk west is passing through a subprime crisis.u think the western company ceos are spotlessly white in their dealings .what a joke.
Re: Re: Re: Re: Re: So the survey says
by Balan Iyer on Feb 24, 2011 12:08 PM
But the White Collar cri minals get their lives screwed up unlike in Ind ia.Bernie Madoff and Cha rles Ponzi are cooling their heels on 150 year prison sentence each.Cou ld it happen in India?Our RLRaju would even become a Minister.
Re: Re: Re: Re: Re: Re: So the survey says
by chintan jhunjhunwala on Feb 24, 2011 12:16 PM
that is one sad part of indian system.but at least now the citizen of india are taking no nonsense and want answers from the govt.and see somethings moving in that direction.
Re: Re: Re: Re: Re: Re: Re: So the survey says
by Balan Iyer on Feb 24, 2011 12:26 PM
Thanks Chintan,let us hope for the best things to come.God bless India!
