The Maharashtra State Board of Wakf is investigating the ownership of a 150-year-old plot in Bhendi Bazaar, Mumbai, sold to the Saifee Burhani Upliftment Trust (SBUT), amidst a dispute over its status as a Wakf property.
Mumbai Wakf BoardBhendi BazaarSaifee Burhani Upliftment TrustSbutWakf Act Of 1995Real Estate MumbaiAug 19, 2024
The Maharashtra State Board of Wakf is investigating the ownership of a plot in Bhendi Bazaar, Mumbai, sold to the Saifee Burhani Upliftment Trust (SBUT) in 2016.
The dispute is over the status of the plot as a Wakf property, with some tenants and their supporters arguing that it is Wakf land and should not have been sold to SBUT.
The Wakf Act of 1995 is a law that regulates the management and administration of Wakf properties in India. According to the Act, no property registered with the Wakf Board can be sold.
SBUT aims to provide cleaner and more organized living spaces for residents of Bhendi Bazaar, in line with the vision of the former spiritual leader of the Dawoodi Bohras, the late Syedna Mohammed Burhanuddin.
The Wakf Board has already begun its investigation, with two hearings having taken place. The findings will soon be presented to the Wakf Board for a final decision.
VTP Realty, a leading residential real estate developer in Pune, recently hosted a successful customer engagement event at VTP Sierra, its residential project located on Baner-Sus Road.
Amid rumors of his exit from NCP, Bhujbal meets Pawar, fuelling speculation about his next move ahead of Maharashtra assembly elections
A man posing as an IPS officer was arrested by Surat Police for cheating two real estate builders from Maharashtra and Surat.
The Jammu and Kashmir Real Estate Regulatory Authority (JKRERA) has issued notices to 20 real estate developers for failing to comply with registration norms. This move is aimed at enhancing transparency and accountability in the real estate sector.
Anywhere Real Estate Inc. has made a strategic decision to sell its stake in RE Closing Buyer Corp., a subsidiary involved in a title insurance underwriter joint venture. This move is part of a broader strategy to streamline operations and focus on core business areas.
As Goa's Chief Minister Pramod Sawant celebrates six years in office, the BJP government in the state faces a myriad of challenges, including graft charges, internal conflicts, and a decline in tourist footfall. Despite its strong presence at the national