The city of Mumbai is a vast sea or perhaps even an ocean. Owing property
in Mumbai is a dream for many yet upon the completion of the said
goal homebuyers may realize that they have to commute for hours a day to reach
their place of employment. Of course if they lived in Mumbai and picked out the
new home themselves they knew what lay in store for them once they actually
shifted in and had to commute to work every day. Yet knowing the path and
walking the path are two distinct frames of mind. I may know I have to commute
for 2 hours every day to reach my office on time, yet to actually do so
everyday gives one a great deal of time to dwell on whether the decision to buy
a home where it was bought was the best possible decision or not.
Many new projects in
Mumbai are under construction at greater and greater distances from the
city center, yet the heart of the city remains the same unmoving and
unappreciative of the plight of newcomers to the city.
The local trains of Mumbai are well known throughout the world, foreigners
who have travelled in them speak about them when among friends back at home.
They mention how difficult it is to get inside the train and how once inside
the passenger wishes he had never gotten in. How tightly packed the passengers
are inside the compartment of the train and how they cannot believe people
could travel via such a mode only a daily basis.
Don’t miss quote me, westerners love Mumbai because despite the
cramped living space in the city, it is a truly monolithic city which best exemplifies
the presence of opaque order amongst the visibility of only chaos. Nobody
probably knows how Mumbai works, what its center is and how to best govern it.
Yet the fact that it does work is in itself worthy of awe and admiration.
Mumbai is chaotic and expensive, property
rates in Mumbai may make someone who owns property in London do a
double take, that’s how expensive real
estate in Mumbai is. As a proud Indian I take pride in the high property
rates of the city, even though it means I can never afford to live comfortably
there. The high price for even 2 BHK
flats in Mumbai means that wealth is being created in the country which
is good for an Indian regardless of wherever he or she may reside. Every
time Residential
projects in Mumbai are
completed and sold it means wealth is being created in the economy, much of
this wealth flows into segments of the economy that are completely unrelated to
the origin of the creation of this wealth. Among one such important segment is
education which undoubtedly benefits many citizens over time as a huge economic
multiplier leading eventually to the creation of new jobs and services and
higher standards of living for all.
Hence even when traveling huge distances via local train in
Mumbai, don’t be disheartened. Mumbai continues to expand and over time
as the city’s infrastructure and the city’s functioning are better constructed
and better understood respectively, ways and means to enrich the lives of the
citizens of Mumbai shall be discovered and implemented.
