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From Shanty To Swanky : The Wildly Differing Prices Of Property In Mumbai

bycurator
2015-06-13
1 minute read
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Danish Siddiqui’s photographs document the huge disparity in the price of finding somewhere to live in Mumbai, one of the most densely populated cities in the world.

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All photographs: Danish Siddiqui/Reuters.

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A high-rise in a western suburb. A one-bedroom apartment here sells for 2,500,000 rupees (£26,600). The rent is around 10,000 rupees (£106) a month.

 

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A residential tower under construction in the city’s central financial district. A three-bedroom apartment in this tower will cost around 175,000,000 rupees (£1,862,700) .

 

The rent for a shanty in Dharavi slum typically ranges from 2.5 to 3.5 rupees (2 to 3 pence) per sq ft. A 100 sq ft shanty would cost £2-3 a month.
The rent for a shanty in Dharavi slum typically ranges from 2.5 to 3.5 rupees (2 to 3 pence) per sq ft. A 100 sq ft shanty would cost £2-3 a month.

 

An old residential building in the centre of the city, where the price of buying a residential apartment ranges from 12,000 to 112,552 rupees (£133-1,198) per square foot.
An old residential building in the centre of the city, where the price of buying a residential apartment ranges from 12,000 to 112,552 rupees (£133-1,198) per square foot.

 

A one-bedroom apartment in this building costs around 2,000,000 rupees (£21,300). The rent for an apartment is around 10,000 rupees (£106) per month.
A one-bedroom apartment in this building costs around 2,000,000 rupees (£21,300). The rent for an apartment is around 10,000 rupees (£106) per month.

 

A one-bedroom apartment in this Dharavi block goes for around 3,200,000 rupees (£34,060). The rent is 12,000 rupees (£126) a month.
A one-bedroom apartment in this Dharavi block goes for around 3,200,000 rupees (£34,060). The rent is 12,000 rupees (£126) a month.

 

Prices in this residential building in central Mumbai range from 12,000 to 112,552 rupees (£133-1,198) per sq ft.
Prices in this residential building in central Mumbai range from 12,000 to 112,552 rupees (£133-1,198) per sq ft.

 

A high-rise residential tower next to a building under construction in central Mumbai. A one-bedroom apartment in the completed tower will cost around 8,856,000 rupees (£90,500), with rent at around 25,000 rupees (£266) a month.
A high-rise residential tower next to a building under construction in central Mumbai. A one-bedroom apartment in the completed tower will cost around 8,856,000 rupees (£90,500), with rent at around 25,000 rupees (£266) a month.

 

An old residential building in Mumbai close to the city centre. Apartments here cost 12,000 to 112,552 rupees (£133-1,198) per sq ft.
An old residential building in Mumbai close to the city centre. Apartments here cost 12,000 to 112,552 rupees (£133-1,198) per sq ft.

 

Residents in a block in south Mumbai where a one-bedroom apartment costs 8,500,000 rupees (£90,500). Rent is around 12,000 rupees (£126) a month.
Residents in a block in south Mumbai where a one-bedroom apartment costs 8,500,000 rupees (£90,500). Rent is around 12,000 rupees (£126) a month.

 

A resident sits on a balcony of an apartment where a one-bedroom flat sells for around 5,000,000 rupees (£53,245). The rent for an apartment in the same building is around 12,000 rupees (£126) a month.
A resident sits on a balcony of an apartment where a one-bedroom flat sells for around 5,000,000 rupees (£53,245). The rent for an apartment in the same building is around 12,000 rupees (£126) a month.

 

This feature is adapted from The Guardian.



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