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Mumbai Lacks 'Good' Homes, Says Study

Mumbai Lacks 'Good' Homes, Says Study

Mumbai Lacks 'Good' Homes, Says Study
Mumbai, one of the world’s known trade centres contributing 25 per cent of industrial output and 70 per cent of capital transactions to India's economy, was ranked worst on the housing facilities parameter. (Photo credit: Wikimedia)

A recent study shows Mumbai isn't a good 'home' for many inhabitants. The Maximum City houses large corporate houses and industries is incapable of providing housing for its inhabitants. Though another survey brought Mumbai in the top five happy cities in India to live in, the survey puts Mumbai at number six out of eight cities in India.

Mumbai, one of the world's known trade centres contributing 25 per cent of industrial output and 70 per cent of capital transactions to India's economy, was ranked worst on the housing facilities parameter. The survey reveals it is nearly impossible to get a decent, affordable housing for Mumbaikars within city limits.

It is shocking that Mumbai, a mega city that houses one per cent of the total population in India because of the concentration of corporate bodies in the city, is poor in housing. The survey was conducted on six parameters - housing, hospitals, schools, colleges, work culture and job opportunities - that comprised the social infrastructure, out of which housing gathered the least points. Affordability of a decent accommodation is the major worry for the city residents. Realty and rental rates are soaring high.

Ironically, Mumbai continues to top in the work culture.

Last Updated: Thu Mar 02 2017

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