Tossed-Out Tenants Paying $20 Rent Turn Millionaires in Mumbai

Tossed-Out Tenants Paying $20 Rent Turn Millionaires in Mumbai

Dhiraj Singh/Bloomberg

Residential buildings sit at Nepeansea road in Mumbai, India. Home prices in Mumbai have climbed to a record 10,833 rupees ($200) per square foot, doubling in three years, according to Liases Foras Real Estate Rating & Research Pvt, a real estate research company based in the city.