Builder Mukesh Savla jumps to death from Matunga high-rise over alleged financial distress

A 56-year-old builder, facing financial crisis, allegedly committed suicide by jumping off his 15th-floor residence at Matunga in Mumbai on Wednesday afternoon.

The deceased, identified as Mukesh Savla, jumped from Lakshmi Niketan Apartment near Indian Gymkhana in Matunga East around 3 pm.

While the exact reason behind taking the extreme step is yet to be ascertained, police suspect that it could have been due to financial losses. Sources say many of Savla’s projects were stuck in court, which took a toll on his finances.

Savla is survived by his wife and parents. His wife was at home when he jumped from their residence. The building, incidentally, was built by Savla himself almost two-decades ago.

The building’s watchman heard a loud noise and was the first to see the builder lying in a pool of blood. He was rushed to Sion hospital, where doctors declared him brought dead. His body was later sent for postmortem.

So far, police have not found any suicide note from his residence. Meanwhile, an Accidental Death Report has been registered and a probe to ascertain the reason behind the suicide is underway.

Savla was founder president of the Thane unit of Maharashtra Chamber of Housing Industry (MCHI) and director of Manas Group.