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What makes Homes Unaffordable in Mumbai | Dr Niranjan Hiranandani In this video, Dr. Niranjan Hiranandani discusses the key reasons behind the persistent housing unaffordability in cities like Mumbai. One of the major factors is the high taxation on homes, with up to 50% of the cost attributed to taxes such as GST, stamp duty, and other government levies. These significant tax burdens drive up home prices, making it difficult to deliver affordable housing.

Another issue is the ready reckoner rate, which sets a minimum price for property transactions. This regulatory floor makes it nearly impossible to offer homes below a certain price, directly impacting affordability. Developers often focus on compensating slum dwellers in rehabilitation projects, which limits their capacity to provide affordable housing for the broader market.

Furthermore, the real estate sector faces challenges with the ease of doing business. Lengthy approval processes, outdated regulations, and high compliance costs delay projects and increase expenses for developers and homebuyers alike.

Dr. Niranjan Hiranandani emphasizes that a more comprehensive solution lies in better city masterplanning. By enhancing infrastructure, transportation, and living conditions, cities can improve the overall quality of life. A well-planned urban environment, balancing affordable housing with efficient services, will make cities more livable and sustainable for everyone.

#drniranjanhiranandani #housingaffordability #mumbairealestate #realestatechallenges #affordablehousing

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Dental braces in abu dhabi
They are metal brackets that are applied to your teeth, and the metal wire which is threaded on the brackets is meant to exert pressure on the teeth and finally move them. Conventional metal braces help to correct your teeth alignment by treating each individual shift of every tooth. This treatment can provide life-changing and dramatic results.
Self-ligating braces look like conventional braces and are placed relatively the same way. The exception is that self-ligating braces don’t use elastics (rubber bands), or metal ties. Instead this system uses special clips or brackets with a spring-loaded door. The brackets maintain pressure on the arch wire, helping move your teeth along at a steady pace.
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