Mumbai, the trade capital of India is also the capital city for the state of Maharashtra. Getting a house on rent is equal to purchasing a new home in any other city. The shortage for shelter is one of the major problems faced by the municipal corporation of Mumbai. The required number of houses per year has outplayed the number of houses being built. According to a survey, approximately the city of Mumbai for its growing population requires 84,000 houses per year. Looking at the production side, only a mere 55,000 houses are being built every year. This figure is a consolidated one as it consist both government housing scheme houses and private housing companies ventures. This deficit keeps growing year after year making life of migrants terrible.

Many people who come from rural areas so as to earn their bread and butter struggle to get a shelter for rent. The major portion of population stays in air cramped areas where every apartment is shared by big number of people. Real estate businessmen are thriving on this situation by hiking the prices of residential properties which makes the position of common man no less than double kill. The deficit also is affecting the rental rates badly. Areas like Santacruz, Juhu, Bandra, Worli, Khar etc are most expensive regions of Mumbai where renting a house is a very costly affair. Urbanisation in interior of Mumbai has reached a saturation level which again results in emergence of new ventures in sub-urban regions of the city. Real estate builders have chosen Navi Mumbai as one such hot spot for constructions which is located on outside boundary of Mumbai. But the major problem faced in these regions is that the land lords are demanding for a huge fat sum as caution deposit which would be returned when the person vacates the rented house. All these pit falls have summed up to hamper the rental market of Mumbai. The solution too looks unfeasible looking at the present picture of the trade capital of India.