10 Most Expensive Cities to Buy Property

10) Mumbai, India

Average Price: $ 12,913 per square meter

The financial hub of India is one of the most expensive Indian cities to buy property. Mumbai city is also one favorite hotspot for foreign nationals as well as for buyers who seek luxury properties. The city offers an average price of $ 12,913 per square meter for real estate properties.  However, in India the rental income tax is 20 to 30 percent.