Shreya Dhanwanthary Critiques Mumbai Real Estate Prices
Shreya Dhanwanthary Critiques Mumbai Real Estate Prices
Shreya Dhanwanthary Critiques Mumbai Real Estate Prices
News summary

The Mumbai real estate market has seen increased residential property sales and launches, driven by a 50% waiver on developer permissions from the Maharashtra government and the introduction of flexible payment options. While listed developers have raised prices, mid-sized and smaller developers have kept pricing steady, appealing to buyers who trust branded names. Conversely, actress Shreya Dhanwanthary has publicly criticized the city's soaring property prices, calling home buying a 'scam' and a 'stupidly expensive dream', echoing sentiments shared by many Mumbaikars who find housing unattainable. Social media reactions to her comments indicate widespread frustration, with many suggesting renting as a sensible alternative. Dhanwanthary's remarks highlight the ongoing housing crisis in Mumbai, even as she navigates her own past struggles with financial instability. This juxtaposition of a thriving real estate sector and growing discontent among residents underscores the complexities of Mumbai's housing market.

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