The Bharatiya Janata Party (BJP) in Maharashtra has suffered significant setbacks with the defections of former minister Laxman Dhobale and former MLA Sandeep Naik to Sharad Pawar’s Nationalist Congress Party (NCP).
Maharashtra PoliticsBjpNcpLaxman DhobaleSandeep NaikReal Estate MaharashtraOct 23, 2024
Laxman Dhobale is a former minister from the Solapur region in Maharashtra. His defection to the NCP is significant because of his strong local influence and his experience in rural development and water management, particularly in drought-prone areas. His move bolsters the NCP’s position in the region.
Sandeep Naik was unhappy with the BJP’s decision to deny him a ticket for the Belapur seat in the upcoming Assembly elections. This dissatisfaction led to his defection to the NCP, where he is expected to contest from the same constituency.
Manda Mhatre is the sitting MLA of the Belapur constituency and has been re-nominated by the BJP. He has a long-standing rivalry with the Naik family, which has historically shaped the political dynamics in Belapur.
Rajan Teli resigned from the BJP due to frustration over the party’s internal dynamics, particularly after former Union Minister Narayan Rane and his family joined the BJP. Teli opposed the possibility of one family dominating both Lok Sabha and Assembly constituencies.
Nitesh Rane is the younger son of former Union Minister Narayan Rane and the sitting MLA from Kankavli in Sindhudurg. He has been re-nominated by the BJP to contest from the same seat in the upcoming Assembly elections.
From humble beginnings to a $1.3 billion net worth
Technology and Artificial Intelligence are transforming the Indian real estate sector, while sectoral and thematic mutual funds saw the highest folio addition in July.
The Maharashtra government has issued a government resolution allowing the Dharavi Redevelopment Project Private Ltd (DRPPL) to purchase land outside the Dharavi Notified Area for rental housing, providing an incentive FSI of 1.33.
Learn the steps to claim Public Provident Fund (PPF) account funds when the account holder has passed away, especially if there are discrepancies in the nominee's name.
Pune's real estate market has shown remarkable resilience, maintaining stable stamp duty collections despite an 8% year-on-year decline in property registrations in January 2025.
A financial planner in Mumbai debunks the myth surrounding a 40000x return on a property investment, explaining that such astronomical gains actually translate to a more modest 11.3% annual growth rate.