Posted May 13, 2019 09:30:22If you have ever been to Mumbai, then you are familiar with the city’s famous subway, the M1, that connects all the major cities.
You have also seen the metro lines, where the cars are packed full of commuters who want to make a fast commute to work.
But what you may not know is that the real costs of driving are much higher.
India’s biggest urban areas, like Mumbai and Delhi, are home to some of the most expensive cars in the world, according to a new report.
A report by Vision City, an independent research group, says that the average cost of a vehicle in India is Rs 8,900 per year, while a similar car costs between Rs 2,400 and Rs 4,000.
For example, the average car in Mumbai costs Rs 5,000, while the average in Delhi costs around Rs 3,200.
In comparison, the cheapest car in China, the Yotouyang J-20, is priced around $50,000 (about $7,500) and costs around $5,000 per year.
Vision City says that India has the highest number of vehicles per capita in the developed world and that the cost of driving is a key factor for the country’s soaring population.
It has seen a massive increase in the number of drivers and the number driving is more than doubling in the last decade.
In an effort to combat rising car prices, Vision City has developed a new website, carstats.com, which provides a list of the cost to own a vehicle by region.
The site offers a breakdown of the price of different vehicles, as well as data on where they are produced, who manufactures them and how they are sold.
In its latest update, the website says that prices in Mumbai are up from Rs 3.5 lakh in 2016 to Rs 7.5 crore in 2019.
The average price of a car is up from $2,600 to $5.5 million.
In the last 10 years, India has seen the number increase from 3.6 million people to 6.7 million, according the report.
Vision City says the number is likely to grow due to the growing population and demand for vehicles, which will lead to a sharp increase in prices.
The company says that although the overall cost of owning a car has been decreasing over the last two decades, the growth has been offset by the increase in vehicle use.
India has been able to meet its target of increasing the number and share of vehicles on the roads and reduce their cost because of its low transport costs.
The report says that in 2018, India saw the highest growth in vehicle ownership, with more than 10 per cent of the population owning at least one vehicle.
In 2020, the number rose to over 12 per cent, and the percentage of vehicles in use grew from 8 per cent to 11 per cent.
The growth in the use of vehicles is being fuelled by a variety of factors, including the government’s move to subsidise vehicles with subsidies, an expansion of urban transport and a drive to reduce traffic fatalities.
India also leads the world in terms of population, with over 2 billion people living in the country, the report says.
The report says the growth in population has contributed to a growing population of 1.6 billion, which is forecast to rise to 2.4 billion by 2035.
Vision Cities is part of a growing trend in India that is trying to reduce the country ‘s soaring population, according it’s CEO.
“The government is investing in infrastructure to provide more mobility to people, including improving public transport, as we are looking to make India more attractive to investors.
The focus is on building more efficient, sustainable, and inclusive cities,” Rajesh Kumar told Reuters.