Shreya Dhanwanthary Critiques Mumbai Real Estate Prices

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.