August 21, 1982 Bombay's Undervalued Properties Amrite Abraham BOMBAY's upper classes have begun to crawl out of the cheese to proclaim that the city is in its death throes. People who live and work and conduct their businesses from grossly undervalued properties, barricaded behind archaic rent control laws, are hectoring us from public platforms and in one journal after another about the uncontrolled growth of the city's slums and the deterioration in the BMC's services. But the solutions to Bombay's problems should, in all Justice, begin at Malabar Hill, Cuffe Parade, Bandra and Juhu.
