Metro Cities

In 2023, Indian cities like Bengaluru, Mumbai, and Delhi are racing ahead in terms of residential marketing growth, making the cost of living expensive. As per the latest report of Global Residential Cities Index Q2 2023, Knight Frank, the top metro cities is topping the list, after Dubai and other international locations. Notably, Mumbai is in 10th position, followed by Bengaluru, Delhi, Chennai, and Kolkata, making the living expensive.

Prices for LPG cylinders have been slashed by Rs 36, per unit, starting from August 1.  The new prices for 19-kilogram gas cylinders will be cheaper at Rs 1,976.75 in Delhi. In addition, prices of cylinders were also slashed in metro cities like Kolkata, and Chennai Mumbai. This is the second time in one month that prices for 19-kg cylinders have been slashed, but commercial cylinder prices remained the same.

Amid opposition's protest, the fuel rates in Indian metro cities are rising everyday, taking the overall pricing up by Rs 9.20, on April 5. With another hike in prices, the rates are now Rs 104.61 petrol in Delhi and Rs 119.67 in Mumbai. Whereas, diesel costs Rs 95.87 and Rs 103.92 in Delhi & Mumbai, respectively. Meanwhile, Rajya Sabha MPs demanded discussion over the fuel hike and staged a protest.

Petrol & diesel witnessed another hike in prices by 80 paise, for the 9th consecutive day, on March 30. With the new rise, fuel prices in Delhi: Rs 101.01 petrol, Rs 92.27 diesel, Chennai, petrol is Rs 106.69, diesel is Rs 96.76, in Mumbai petrol & diesel are Rs 115.88 and Rs 100.10, respectively. To protest the fuel price hike, Congress called "Mehngai-Muft-Bharat-Abhiyan, (March 30 to April 7). 

Fuel prices were stable for the second consecutive day in metro cities, on February 9.  Delhi (Rs 95.41) Mumbai (Rs 109.98) Kolkata (Rs 104.67) and Hyderabad (Rs 108.20) are having petrol prices under Rs 110/litre. Notably, due to the cut in excise duty by the Central Government, prices are unchanged in major cities, giving relief to the citizens. Government revised prices on November 4, 2021, cutting excise duty.