logo
Reimagining Mumbai: experts call for better public transport, affordable housing, natural open spaces

Reimagining Mumbai: experts call for better public transport, affordable housing, natural open spaces

Hindustan Times10-05-2025

Mumbai: Mumbai cannot handle the burden of the exponential redevelopment boom it is undergoing, and an alternative is direly needed: this was the consensus that emerged at a panel discussion titled Reimagining Mumbai's Future, held at The Asiatic Society on Friday evening.
'If you replace a neighbourhood of densely packed four-storey buildings with 20 40-storey buildings, like in Bhendi Bazaar, you will face the consequences,' said Mustansir Dalvi, an architect and professor.
Organised by Art Deco Mumbai, the panel featured the platform's founder trustee, Atul Kumar, speaking with Dalvi, conservation architect Vikas Dilawari, and Dr Jehangir Sorabjee, head of the department of medicine at Bombay Hospital.
Mumbai, in the past, has been a city that has used crises, like the plague, to propel itself towards improvement, said Kumar. 'Planned neighbourhoods, like Matunga, Shivaji Park, and Colaba backbay, emerged through the Bombay Improvement Trust (BIT), which was formed after the plague in 1896. These had grids, wide roads, parks, and schools, which all formed a complete neighbourhood.'
Things changed, in part, due to Mumbai's ever-increasing population, which Sorabjee's profession took the fall for. 'In the 1920s, the average lifespan in Mumbai was 26 years,' he said. 'In the 1950s, it was 34 years. In the 1990s, it was 56 years, and now it is 70 years. Every two years, the number of people in the city increases by a million.'
But one crucial change has led Mumbai to the point it is at today.
'Mumbai had building codes that restricted the height of buildings depending on the width of the road, based on an angle, to ensure homes on the ground floor received adequate sunlight and air,' said Dalvi. 'This changed when, in the '60s, the first Development Plan (DP) brought in the concept of Floor Space Index (FSI), replacing housing's primary aim of habitability with monetisation. This is what has led to terms such as carpet area, built-up area, super built-up area, etc. Housing is now about exchange value.'
Dilawari also pointed fingers at the Rent Control Act, which was introduced in 1999. While most countries have abolished it, it continues to incentivise landlords in Mumbai to keep old buildings unmaintained and instead opt for redevelopment.
With real estate's force as a market, fueled by speculation, Dalvi remarked that Mumbai has changed from being a rental city to one obsessed with ownership. This has come with a decrease in open spaces, unplanned development, and a lack of affordable housing. All of these factors meant the panel at large was not optimistic about Mumbai's future.
'In the next three to five years, the consequences of the way Mumbai is changing will fructify,' said Kumar. Sorabjee spoke of his ground-floor home being surrounded now by five immense towers. 'This has become a very stressful city, and there is little harmony left in it,' he said.
'We have been witness to development that is largely car-centric and for the upper middle class and wealthy. Those who need and use public transport, unfortunately, do not have a strong lobby or political will attached to it. A lot of the decisions are being made ad hoc, like the six-lane road at Marine Drive, without proper traffic studies and assessment of the impact on the area,' Sorabjee added.
When Kumar asked the experts what was on their wish list for the city, a few unanimous choices emerged: better public transport, affordable housing and natural open spaces.
'If we can concentrate on these few things, the future of the city can still be turned around, and it can be given a chance to shine,' said Dilawari. Climate change weighed heavily on Dalvi's mind, who reckoned that without attention being given to it, Mumbai by 2050 will revert to its original state of seven disparate islands.
When an audience member asked if there remained any hope for the neglected suburbs of the city, Malad in particular, Sorabjee was pessimistic still. 'That would take a crisis,' he mused.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Global Smartwatch Shipments decline 2% in Q1 2025; Apple leads amid rising Chinese brands
Global Smartwatch Shipments decline 2% in Q1 2025; Apple leads amid rising Chinese brands

New Indian Express

time6 hours ago

  • New Indian Express

Global Smartwatch Shipments decline 2% in Q1 2025; Apple leads amid rising Chinese brands

The global smartwatch market saw a 2% year-over-year (YoY) decline in shipments during the first quarter of 2025, signaling a period of stabilization after years of rapid growth. According to the counterpoint research, despite the dip, Apple retained its position as the market leader, capturing 20% of global shipments. It was followed by Huawei with 16% and Xiaomi with 10%, both of which showed significant growth. Apple slips as Chinese brands accelerate Among the top 10 smartwatch brands, Huawei and Xiaomi registered the fastest YoY growth, driven by strong domestic demand and expansion in emerging markets. Apple, on the other hand, experienced a 9% YoY decline, primarily due to waning consumer interest. Industry analysts point to the lack of significant innovations in recent Apple Watch models as a key factor, with many users opting to hold off on upgrades. Apple's market share has also seen notable fluctuations over recent quarters. While it led with 31% share in Q4 2023, its share dropped to 20% in Q1 2025, reflecting a seasonal slowdown and intensifying competition. The 'Others' category — encompassing all non-Apple brands — accounted for 80% of the market in Q1 2025, underscoring the growing diversity of options available to consumers. China emerged as the top contributor to global smartwatch shipments this quarter, accounting for 29% of total volume. The country also recorded the highest YoY shipment growth at 40%, fueled by robust performance from Huawei, BBK (Imoo), and Xiaomi. This surge highlights China's role as both a major manufacturing hub and a fast-growing consumer market for wearables. In North America, High-Level Operating System (HLOS) smartwatches dominated with an 84% share, led by Apple, Samsung, and Garmin. The region continues to favor feature-rich smartwatches over basic fitness trackers, driven by health monitoring and connectivity features. As the smartwatch market matures, brands are expected to focus more on innovation, pricing strategies, and regional customization to sustain growth and consumer Kumar @ New Delhi The global smartwatch market saw a 2% year-over-year (YoY) decline in shipments during the first quarter of 2025, signaling a period of stabilization after years of rapid growth. According to the counterpoint research, despite the dip, Apple retained its position as the market leader, capturing 20% of global shipments. It was followed by Huawei with 16% and Xiaomi with 10%, both of which showed significant growth. Apple slips as Chinese brands accelerate Among the top 10 smartwatch brands, Huawei and Xiaomi registered the fastest YoY growth, driven by strong domestic demand and expansion in emerging markets. Apple, on the other hand, experienced a 9% YoY decline, primarily due to waning consumer interest. Industry analysts point to the lack of significant innovations in recent Apple Watch models as a key factor, with many users opting to hold off on upgrades. Apple's market share has also seen notable fluctuations over recent quarters. While it led with 31% share in Q4 2023, its share dropped to 20% in Q1 2025, reflecting a seasonal slowdown and intensifying competition. The 'Others' category — encompassing all non-Apple brands — accounted for 80% of the market in Q1 2025, underscoring the growing diversity of options available to consumers. China emerged as the top contributor to global smartwatch shipments this quarter, accounting for 29% of total volume. The country also recorded the highest YoY shipment growth at 40%, fueled by robust performance from Huawei, BBK (Imoo), and Xiaomi. This surge highlights China's role as both a major manufacturing hub and a fast-growing consumer market for wearables. In North America, High-Level Operating System (HLOS) smartwatches dominated with an 84% share, led by Apple, Samsung, and Garmin. The region continues to favor feature-rich smartwatches over basic fitness trackers, driven by health monitoring and connectivity features. As the smartwatch market matures, brands are expected to focus more on innovation, pricing strategies, and regional customization to sustain growth and consumer interest.

More money on the Street draws bulls to realty, auto, financials
More money on the Street draws bulls to realty, auto, financials

Time of India

time20 hours ago

  • Time of India

More money on the Street draws bulls to realty, auto, financials

Interest rate-sensitive sectors, such as banks, financials, property and automotives, surged after Friday's twin policy announcements on funding costs and liquidity enhancement , pushing the benchmark Nifty higher by more than 1% past the 25,000 mark. The Nifty Bank index made a fresh high of 56,695 level on Friday, ending 1.5% higher. Nifty's Realty index was up 4.7% at close, the Financial Services index advanced 1.75%, and the Auto index closed 1.5% higher. The Reserve Bank of India (RBI) slashed the policy rate by half a percentage point - the most since March 2020 - and reduced the cash reserve ratio (CRR) to the Covid-era record low. "The market has responded appropriately to the RBI's repo rate and CRR cuts, which could translate into longer-term gains if consumption also picks up," said Amit Khurana, head of equities at Dolat Capital Market. "Rate-sensitive sectors are gaining momentum, driven by short covering, but sustained growth depends on increased cash market participation." The Nifty Bank and Financial Services indices are also seeing a change in trend on the technical charts. "Bank Nifty witnessed a bullish breakout from a seven-week consolidation phase on Friday, marking fresh all-time highs. Finnifty has also seen a similar breakthrough," said Vipin Kumar, assistant vice president of derivatives and technical research at Globe Capital Market. Kumar said Bank Nifty is poised to move towards the 57,500-57,800 range in the near term, with key support around 55,400. This implies about a 2.1% upside in the index from current levels. A rate cut usually translates into lower lending rates for the banks, prompting citizens to borrow more at cheaper rates, either for investing or buying new assets like homes or vehicles. Due to the cut in CRR rates, NBFCs will also get easier access to bank funds, which may increase their lending activity. Khurana said from a longer-term perspective, some of these sectors may be attractive to investors. "Valuations for banks remain modest, with NBFCs favoured due to the CRR cut. Real estate may also benefit from improved sentiment, though auto demand remains weak and is unlikely to be significantly impacted by these measures," he said. In the shorter term, Kumar said that the auto index has formed a fresh buying pivot with renewed buying interest and he will reassess the index near the 24,150 level. "In the real estate sector, we recommend buying the index heavyweight DLF on dips, while other stocks within the space can be considered at current levels," he said.

Mumbai University to launch skill-integrated UG courses from next year
Mumbai University to launch skill-integrated UG courses from next year

Indian Express

timea day ago

  • Indian Express

Mumbai University to launch skill-integrated UG courses from next year

In a major academic shift aimed at boosting student employability, Mumbai University (MU) is likely to roll out skill-integrated undergraduate programs — BA, and — from the next academic year. The move is aligned with University Grants Commission (UGC) guidelines that advocate industry-oriented learning to address sector-specific skill gaps. As per UGC guidelines in this regard, 50 percent of the total credits in these degree programs will be allotted to core academic subjects, while the remaining 50 percent will be dedicated to short-term, skill-based courses. These industry-aligned modules are intended to train students in fields such as real estate, insurance, and marketing — areas where dedicated academic training is currently lacking. 'There are several emerging industries with growing demand for trained manpower, but no corresponding courses in higher education,' said M Jagadesh Kumar, former UGC Chairperson, speaking in Mumbai on Saturday. 'The UGC has formed a committee to identify such gaps. With the support of industry partners, we aim to create hybrid-mode short-term courses to offer credits to students. Universities too are encouraged to create such courses meeting local industry requirements.' MU officials confirmed that groundwork laid to begin offering these revamped programs from the 2025-26 academic year onwards. The shift is expected to mark a significant overhaul of the traditional undergraduate education structure. Additionally, universities are encouraged to offer a new model combining academics and hands-on industry experience. Under this, students will spend two years on campus and two years apprenticing with industry partners. 'For instance, a BA Journalism student will study theory for two years and work in a media house for the next two, with the industry also involved in their evaluation,' Kumar explained. He emphasised that such students will have an edge over others when they enter the job market. 'They will already have an understanding of the industry with their experience of two years,' he said. Kumar was in the city for the western zone conference of VIKAS 2025 — a national initiative promoting industry-academia collaboration as envisioned in the National Education Policy (NEP) 2020. Representatives of various universities and affiliated colleges in Maharashtra were present to attend this conference.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store