Bigg Boss 19 actress Ashnoor Kaur has once again made news but this time it’s not for her TV projects. The young actress has a beautiful 3 BHK flat in Mumbai, valued at nearly ₹4 crore, but the heavy rains in the city have made water pour into the house and flooded some places in the apartment and damaged parts of the flat.
Mumbai’s monsoon problems are not new, and waterlogging and drainage problems are even a problem in high-end residential complexes. Ashnoor’s experience shows the challenge of owning luxury property in a city where infrastructure is not up to speed with city development. However expensive the price point, these flats are vulnerable to seasonal flooding, which has put a question mark on the long-term sustainability and value of these flats.
The price of that flat— ₹4 crore— is also interesting because it is the price at which real estate in India is discussed and the whole matter of what is to be done by more than a small city. The same amount would surely fetch a luxury villa in the same budget but in a smaller city. These are the modern things that you know: huge living space, sprawling living rooms, acres of private gardens and parking facilities. And the buyer’s money would still have enough left to invest in other ventures which makes it more attractive from a financial view.
Real estate experts often point out that while Mumbai offers unmatched connectivity, lifestyle and career opportunities, the trade-off is on space limitations and infrastructural problems. Meanwhile, tier-2 cities are beginning to come into play for affordable luxury where a budget of ₹4 crore can guarantee sprawling villas with less maintenance for much of the land.
For Ashnoor, it’s a reminder of the unpredictable nature of Mumbai’s property market. But celebrity homes in the city are also associated with status and success but also with risks associated with climate and infrastructure. Her fans got it and said even high-profile residents can’t escape the monsoon crisis in the city.
In the end, Ashnoor Kaur’s flooded Mumbai flat illustrates the paradox of urban luxury living. While owning a ₹4 crore apartment in India’s financial capital has its merits, the same investment could make for a bigger, more adaptable and lifestyle-rich villa in a lesser city. In real estate markets, we are in the process of moving away from prestige towards practicality.
