In Mumbai , More than half of Mumbai's population now lives in its slums, according to latest statistics from the World Bank, one of the world's largest financial institutions. While almost 54 of the metro's inhabitants live in shanties, another 25-30 live in chawls and on footpaths, with just 10-15 living in apartment buildings, bungalows or high-rises. However, experts rubbish the claim that from being the slum capital of India, Mumbai is now set to become the slum capital of the world.