Baba Siddique, a prominent figure in Mumbai’s political and social circles, built a career that spanned local politics, real estate, and Bollywood. Known for his influential connections and ability to navigate power structures, Siddique’s life and controv
Baba SiddiqueMumbai PoliticsBollywoodReal EstateControversyReal EstateOct 13, 2024
Baba Siddique was a prominent Indian politician, known for his influential roles in Mumbai’s political, social, and real estate circles. He was a leader in the Nationalist Congress Party (NCP) and represented Bandra West in the Maharashtra Legislative Assembly.
Baba Siddique had strong connections to Bollywood, particularly with stars like Salman Khan and Shah Rukh Khan. His annual iftar parties were star-studded affairs, and his friendship with these celebrities amplified his political influence.
As an MLA for Bandra West, Siddique played a significant role in facilitating real estate projects. He helped developers navigate the complex approval processes and ensured that construction efforts aligned with broader urban development goals.
Siddique faced allegations of involvement in questionable land deals and leveraging political power for personal gain. A viral post by actor Kamal R. Khan (KRK) accused him of shady dealings within the builder lobby, which sparked intense online debates.
Baba Siddique is remembered as a figure who could connect with the common people while also being a powerbroker in Mumbai’s elite circles. His legacy is a mix of admiration for his political acumen and criticism for the controversies that surrounded him.
Shaila Merchant, mother of Anant Ambani’s wife Radhika Merchant, has made a significant purchase in Mumbai's luxury real estate market. The sea-facing apartment in Prestige Ocean Tower, South Mumbai, spans 2,565 sq ft and comes with a 83 sq ft balcony and
The Mumbai Metropolitan Region's vibrant real estate sector saw a spectacular showcase at the HOMETHON Property Expo 2024, with over 77 new projects launched and Rs 10,000 crore worth of inventory on display.
The impressive property price appreciation and robust demand underscore the growing confidence in Tricity's real estate market. Explore the key reasons behind this surge.
A recent report reveals a significant 21% decline in RERA project registrations between 2022 and 2024, raising concerns and implications for the real estate sector. The drop highlights the need for strategic adjustments and regulatory reforms.
A recent Reddit post highlights how inflated IT salaries in India are exacerbating the real estate bubble, turning it into a 'wealth transfer machine'. The post delves into the dynamics of how the IT sector's high salaries are driving up property prices,
A recent consulting paper by the Securities and Exchange Board of India (SEBI) proposes allowing mutual funds to increase their holdings in real estate and other multi-asset classes. This move could revolutionize the investment landscape, offering investors more diversified and potentially lucrative opportunities.