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Till date, I have been unable to understand the adulatory reports about flats & penthouses in #Mumbai being sold for astronomical sums. How many people as a % of population can afford to buy them? The vast majority of people stay in far-flung areas like Vashind, Karjat etc &
spend half their lives commuting in local trains. Their ambitions & lives remain unconsummated thanks to this soul & body sucking commute. Their mental health too goes for a toss. Observe how people are willing to jump at each other in trains for the most trivial reason.
After all, what can you expect when people travel for long hours in crowded trains in the sweltering heat? These extended suburbs are almost like the ghettos of yore in apartheid era South Africa, providing labour to #Mumbai.
The greed of the unholy builder-politician- bureaucrat lobby has destroyed #Mumbai. No wonder that mainstream political parties are unwilling to take up the issue of low cost housing on their agenda. The ULCR Act was a well-intended piece of legislation but was badly implemented
and eventually repealed. Today, fresh talent is unwilling to come to #Mumbai due to high rentals and housing prices and this will eventually contribute to the city’s decline.
Another moot question/ elephant in the room: If a flat is sold for a few hundred crores on paper, what is the element of black money in the transaction? Mind boggling?
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