The Bombay High Court has criticized Maharashtra's slum policy, stating that it grants free tenements to encroachers, ignoring the plight of legitimate slum dwellers.
Slum PolicyMaharashtraBombay High CourtSlum RehabilitationHousing RightsReal Estate MaharashtraJun 13, 2024

The main issue is that it grants free tenements to encroachers, while ignoring the rights of legitimate slum dwellers.
The objective is to provide housing to the thousands of slum dwellers in the state.
The court has criticized the policy because it has created an opportunity for land grabbers to take advantage of the system, depriving genuine slum dwellers of their rightful homes.
There is a need for a more comprehensive and transparent approach to slum rehabilitation to ensure that the policy benefits the genuine slum dwellers.
The judgment has sparked a much-needed debate on the inefficiencies of the slum policy and has highlighted the need for reform to ensure that the policy achieves its intended objective.

The registration department is investigating 796 property registration documents for non-compliance with real estate regulations, sparking concerns among developers and buyers.

IMD issues yellow alert for Mumbai, red alert for Palghar and Pune; heavy to very heavy rainfall expected in the next 24 hours

A state-appointed panel inspected several townships in Nagpur, Maharashtra, but issues related to water supply, irrigation clearance, and inspection delays remain unresolved.

The city of Indore recorded a significant 12.8% increase in property revenue during the festive season in October. According to Balkrishna More, the Deputy Inspector General of Registration for the Indore region, the surge in real estate activity can be a

Arvind Gurumurthy, a distinguished legal professional, has made significant contributions in the fields of M&A, private equity, and corporate law. With a successful seven-year tenure as Partner at Kochhar & Company, Arvind has extensive experience in hand

Arthur Laffer, the director of NexPoint Diversified Real Estate Trust (NXDT), has made a significant purchase of $87,156 in company stock. This move could signal his confidence in the company's future performance. Investors should consider this as a potential indicator of a bullish market play.