Advisory Center for Affordable Settlements & Housing

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Document Type General
Publish Date 08/06/2005
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Edited By Saba Bilquis
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INDIA MUMBAI SPLURGES ON LAND, IGNORES INFRASTRUCTURE NEEDS

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Document Type: General
Publish Date: 2005
Primary Author: Unknown
Edited By: Saba Bilquis
Published By: Unknown

A 1-page document is about a report which says that 2.5 lakh dwelling units were launched in Mumbai over the last five years. “The direct beneficiaries of these real estate investments are, at best, about 2.5 lakh households (considering one family occupying one dwelling unit) or less than 10% of the city’s population.” It further says The country’s largest land deals were all recorded in Mumbai since 2005 when the defunct textile mill lands in central Mumbai were opened up for development.

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