Is low pricing driving citizens of Mumbai to reside in old dilapidated buildings?

Concerns about over 16,000-plus dilapidated buildings standing tall in Mumbai, which is home to thousands of residents, are growing. Here, experts moot key measures to save or redevelop these buildings.

As monsoon picked up strength in Mumbai, India’s financial capital, concerns over 16,000-plus dilapidated buildings standing tall in Mumbai, which are home to thousands of residents, are growing. In the past one week, three building collapses have been reported in Mumbai in which 19 people have lost their lives.

 

https://www.moneycontrol.com/news/business/real-estate/is-low-pricing-driving-citizens-of-mumbai-to-reside-in-old-dilapidated-buildings-8772011.html

Source – Money Control

 

Leave a Reply

Your email address will not be published. Required fields are marked *