Outrageous Rs 45,000 Monthly Rent for a 1BHK Chawl in Mumbai Sparks Debate Online

A viral Instagram reel showcases a 450 sqft 1BHK flat in Mumbai's Matunga, described as having 'old vibes', with a staggering monthly rent of Rs 45,000, sparking debate among netizens.

Mumbai Real EstateAffordable HousingMatungaChawlRentReal Estate MumbaiOct 04, 2024

Outrageous Rs 45,000 Monthly Rent for a 1BHK Chawl in Mumbai Sparks Debate Online
Real Estate Mumbai:A recent real estate reel on Instagram has gone viral, showcasing a 450 square feet 1BHK flat in Mumbai's Matunga, which is being rented out for a whopping Rs 45,000 per month. The flat, which is described as having 'old vibes', has sparked a heated debate among netizens, with many questioning the exorbitant pricing.

The flat, which is barely decent, comes with a small bedroom, tiny kitchen, a small staircase that leads to a loft, and an okayish living room. The accommodation also includes a parking space, which is a rare commodity in Mumbai.

Many netizens have taken to social media to express their outrage over the pricing, with some joking that the rent should be at least Rs 10 lakhs per month, along with an indoor swimming pool. Others have remarked that the flat is giving them claustrophobia, while some have questioned whether the listed pricing is for Matunga or Manhattan.

The reel has also sparked a debate about the state of affordable housing in Mumbai, with many lamenting that their salaries do not even match the rental. Some have also made fun of the 'Vocable Distance' mentioned in the caption of the reel, while others have suggested replacing 'old vibe' with a more nifty term, 'vintage', to garner more views and surge the pricing.

The incident has once again highlighted the issue of affordable housing in Mumbai, where many residents are forced to shell out exorbitant amounts for tiny, cramped spaces.

Frequently Asked Questions

What is the monthly rent for the 1BHK flat in Matunga?

Rs 45,000

What is the size of the flat?

450 square feet

What is the location of the flat?

Matunga, Mumbai

What is the condition of the flat?

Barely decent, with a small bedroom, tiny kitchen, and okayish living room

What is the reaction of netizens to the pricing?

Outrage and debate, with many questioning the exorbitant pricing

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