Buying Property in Mumbai, Reality or Dream?

Being a Mumbaikar since birth, it is a very fortunate thing for me. Knowing the value of this place was very important. And i got to know it as I grew up. My dad is in this city since his childhood and his dad and so on.

So the stories of the life in 50’s till date have been very close to my heart. I have traveled places in Mumbai from the slums to the local chawls to the most amusing places in Mumbai city as well as in India.

I use to stay in my families bungalow which around 100 years old. I was hardly affected by the price rise in the property matter. Many of my friends live in Mumbai on rental basis. Few are Working here, few of them study and also few families searching for new houses in nearby areas of work.

Mumbai being the Economic capital of India, migration of people from all over India is increasing on daily basis. Matter of fact Mumbai is the Real city of dreams. People come here with a sense of achieving something which they couldn't achieve at their place. But, there people already staying the same city with much higher sense of achievements cycle goes on and on.

Mumbai becoming a concrete world, Often Power cut offs, Water shortage, etc these some loopholes which the common man of this city knows very well. And still people rub their asses all over the city in a hope of enlightenment. It’s very difficult for a regular job seeker or a common service person to feed minimum of 3 heads and at the same time pay the loans for the luxuries they want to provide themselves.

Recent Rupee dollar price difference may be one of the reasons, indirectly affecting the economy. as you can see above the statistics as compared to Lower Parel one of demanding places in Mumbai the average price of area per square feet is so high to those in Gurgaon. 
The reason why property dealing is becoming a Business better than Gambling, every year every day every minute the price of property is rising vividly in Mumbai.
My grandfather say "we should have buried some our hands in that place" referring to the places in his olden days and rates now, he wished to owned those places.

So Buying Property in Mumbai is like reaching moon for the families.