Friday, 21 January 2011

Mortgage Comparison: India: Mumbai vs Canada: Toronto !

So heres today's daily fix of mortgage comparisons! Just to give you an idea of mortgage prices in other places in the world! ;D

Now here we have India, the city of Mumbai!,
Mumbai is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the second most populous city in the world, with a population of approximately 14 million. Along with the neighbouring urban areas, including the cities of Navi Mumbai and Thane, it is one of the most populous urban regions in the world. Mumbai lies on the west coast of India and has a deep natural harbour. As of 2009, Mumbai was named an Alpha world city. Mumbai is also the richest city in India, and has the highest GDP of any city in South, West or Central Asia.


Average House Price: £72,239
Average Mortgage:  £84,200


VS 


And here we have Canada, the city of Toronto!
Toronto is the provincial capital of Ontario, and the largest city in Canada. It is located in Southern Ontario on the northwestern shore of Lake Ontario. With over 2.5 million residents, it is the seventh most populous municipality in North America. Toronto is at the heart of the Greater Toronto Area (GTA), and is part of a densely populated region in Southern Ontario known as the Golden Horseshoe, which is home to over 8.1 million residents—approximately 25% of Canada's population. The census metropolitan area (CMA) had a population of 5,113,149, and the Greater Toronto Area had a population of 5,555,912 in the 2006 Census


Average House Price: $501500
Average Mortgage:  $529,500

So theres the facts guys, Mumbai is cheaper on this occasion but Toronto has a higher standard of living, Where would you prefer to live? ;D
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24 comments:

  1. Isaac21 January 2011 at 11:41

    Toronto is a cool place, I've been there a couple times

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  2. watchman21 January 2011 at 11:54

    are property values really that high in canada? That doesn't seem correct because that means it would be more expensive that like....almost every U.S city.

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  3. Justsayin'21 January 2011 at 13:31

    I have to say Toronto would be my pick.

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  4. Pawawanpi21 January 2011 at 14:43

    Mumbai. I find Masala Indian culture to be quite interesting and I love the food.... Except the mango lassie.

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  5. Doo21 January 2011 at 16:27

    Toronto any day :D

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  6. Anonymous21 January 2011 at 18:24

    I would rather live in Toronto! It has amazing architecture!

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  7. Humblenoodle22 January 2011 at 06:46

    I'd have to say Toronto, even though I love Indian food.. especially mango lassi :P

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  8. Bart22 January 2011 at 09:19

    lol true, good point. also a shitty point of toronto. is getting in and out of it dueing business hours. its effing terrible

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  9. Tsipise22 January 2011 at 15:27

    Toronto is unbelievably EXPENSIVE!!!!

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  10. Jordan23 January 2011 at 08:04

    14 MILLION people live in one city mind=blown

    http://ectomorphmuscle.blogspot.com/

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  11. Solsby Kid23 January 2011 at 12:45

    Toronto all the way!

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  12. SuperFish23 January 2011 at 13:57

    Toronto all the way babay!!!!

    nice blog supporting and following.

    check out

    http://dooglesdemands.blogspot.com

    ReplyDelete
  13. Eric The Smoth23 January 2011 at 23:47

    Good blog brah, come at me bro!

    http://tablet-crunch.blogspot.com/

    ReplyDelete
  14. Ante Babaja24 January 2011 at 14:51

    india wins :D

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  15. Keato Lockheart24 January 2011 at 22:25

    Toronto kicks ass. ^_^

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  16. Kicking Rocks27 January 2011 at 19:25

    I'd like to go to India one day but not to live there! Toronto seems like a better place.

    http://ggc151.blogspot.com/

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  17. Unknown30 January 2011 at 09:54

    following :D
    http://evo4you.blogspot.com/

    ReplyDelete
  18. 1904 Blogger30 January 2011 at 18:07

    id pick toronto also

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  19. Clarence Miller1 February 2011 at 21:10

    neither


    Following and supporting
    therichesthappiest.blogspot.com

    ReplyDelete
  20. r00b2 February 2011 at 18:23

    Lived in Toronto. Amazing city. Boring during the winter though, too much snow and I prefer summer sports.

    +1 Follower ;)

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  21. ZSPN4 February 2011 at 17:49

    Haha I failed to compare the prices due to the lack of motivation to convert euros to dollars.

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  22. Yuri Testikov8 February 2011 at 08:26

    Toronto for sure much better city. New follower.

    http://gnarlyweather.blogspot.com

    ReplyDelete
  23. Anna-Nelsey15 April 2011 at 18:36

    Ooo, definitely Toronto. I've always wanted to visit there.

    ReplyDelete
  24. peteyyyyyy17 April 2011 at 13:08

    i would rather live in Toronto

    ReplyDelete

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