Mumbai and Its Problems

Mumbai real estate is termed as one of the most expensive real estate markets across the world. Mumbai real estate is always in demand due to lack of space and unabated population migration. Lack of space has also led to increase price in rental as well as residential properties in Mumbai. Although Mumbai does not face electricity or water supply shortage, the city is plagued with several other problems.

Traffic management is extremely poor in the city. It often takes one hours to reach a destination that is just a few kilometers away. Roads have potholes which makes traveling a task in itself. During rains the situation becomes worse as the drains get clogged and the city comes to a standstill. Almost every year Mumbai witnesses a day when the city is shut down due to incessant downpour. 

Although Mumbai local trains are considered as the lifeline of the city, traveling in local trains during peak time is almost impossible. Even the first class compartments are no better. Even during non-peak hours traveling in local train is nothing less than a nightmare as people throng a train as soon as it arrives on the station.

Properties in Navi Mumbai has thrived inspite of all these limitations partly due to lack of space and partly because it is a land of opportunities and employment. The city is a dream destination for many. Many people who want to achieve something in life, come to the city to fulfill their dreams, little they realize that living in Mumbai is not easy. One has to constantly rush and run to earn their living. Cost of living is also too high in Mumbai and owning a piece of land in real estate Mumbai is just out of question. Mumbai being the financial hub of India should also scale up its infrastructural facilities that match it prowess.