From the archive record
Hafeez Contractor speaks of the days when people waited one year and paid premia for a Ambassador car, and supply-demand balance. See the Miami situation. 50-60 storey buildings allow more people to live and enjoy the area. We have this silly CRZ law. In a city like Mumbai where everything is developed, we have this silly CRZ. We should allow more construction on the coast so more stars and people can stay. Carter Road is worth Rs. 30, 000 per sq. foot. Bungalow if exclusive then even Rs. 40, 000 per sq. ft. is nothing. Carmichael Road I have heard is selling for Rs. 75, 000 per sq. ft. Is Hafeez Contractor speaking environmental blasphemy in asking for the CRZ to be abandoned? This footage is part of the broadcast stock footage archive of Wilderness Films India Ltd., the largest HD and 4K