The Harsh Reality Behind Mumbai’s Housing Crisis
Mumbai, often hailed as the city of dreams, is now grappling with a harsh truth—affordable housing is increasingly out of reach for the average citizen. In a compelling discussion, real estate stalwart Dr. Niranjan Hiranandani reveals that nearly 50% of a home’s cost in Mumbai real estate goes to the government through taxes and levies like GST, stamp duty, and FSI premiums.
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