Showing posts with label floods. Show all posts
Showing posts with label floods. Show all posts

Thursday, October 08, 2009

AP and Karnataka Flood relief

While we can endlessly debate the pros and cons of buying real estate and blame the politician-builder nexus and black money on the irrationally high value of real estate in Mumbai and metro cities, I think it is time to pay attention to the calamity which has unfolded in AP and Karnataka. These areas went from having a deficit of 60% in the annual rainfull to a surplus of 100%. The images on the temple town of Mantralayam in AP, the samadhi of Sri Raghavendra Swamy are surreal. I hope there are some readers which can spare a thought for the millions of Indian's which have been rendered homeless due ot these floods. Katrina looks like puddle when compared to the bay of bengal which seem to have descended on land-locked interior AP and Karnataka. The Kanrataka CM has a relief fund and so does AP. Please contribute generously and banish the thought of mis-appropiration of these funds. We all know about how corrupt the process is when buying real estate. Here it is a drop in the ocean(pun intended). I've already done my part, now it is your turn.

Saturday, July 25, 2009

Global warming, high tides and Mumbai sea-facing property prices

Yesterday I was one of the curious onlookers witnessing the ferocious waves as they lashed upon the sea-walls. My parents have lived their whole life in Mumbai and they havn't seen this phenomenon ever. Flooding in Bacchan's Juhu house due to rains has become a norm, now the sea water has started entering his house due to tides. All areas within the vicinity of the beach are flooded. This set me thinking that maybe this is a game changer for all these sea facing mumbai properties. Global warming is real, the tides are higher then ever, the rains are more then ever and this combination is lethal. I love the sea, except when it enters my house and destroys my car and all my possessions. I think its time to rethink prices on Mumbai's sea-front. We are witnessing a game changer here. What do you guys think ?