In a shocking move, the Kalyan-Dombivli Municipal Corporation (KDMC) has announced plans to demolish 51 buildings in Kalyan, which could leave thousands of residents homeless. This decision comes amidst the ongoing real estate scandal that was uncovered i
KdmcKalyanReal EstateDemolitionHomelessnessReal Estate MaharashtraFeb 18, 2025
The KDMC cites structural safety issues and violations of building codes as the primary reasons for the demolition. However, many residents and activists believe the decision is also influenced by the ongoing real estate scandal.
The KDMC plans to demolish 51 buildings in Kalyan.
The demolition is expected to leave thousands of residents homeless, particularly low-income families who have no other place to go. The KDMC has promised some form of assistance, but the details are vague.
The KDMC maintains that the demolition is necessary for the welfare and safety of the residents, as many of the buildings pose a significant risk to public safety.
Residents can seek legal assistance and organize protests to demand a more just and equitable solution. Community leaders and human rights activists are also providing support and advocating for their rights.
Water-logging in Mumbai takes a toll on property values, with rental rates dropping by up to 20% in affected areas.
With the Union Budget 2024-25 just around the corner, various sectors in India are pinning their hopes on the government to provide supportive policies and reforms to drive growth and innovation.
Deepak Builders & Developers is leading the charge in transforming Nashik into a premier city with innovative and sustainable real estate projects.
The prestigious apartments, each spanning 8041 sq ft, are valued at Rs 112.55 crore each. The company also paid a stamp duty of Rs 4.41 crore for one of the apartments situated in the Oberoi 360 West, Worli, Mumbai.
Google India has secured a new office lease in Mumbai’s bustling commercial district of Bandra Kurla Complex (BKC) at a monthly rent of over INR 4.50 crore. This strategic move underscores the company’s commitment to maintaining a strong presence in one o
The Mahindra Group's stock experienced a significant boost of 4% following a strategic partnership with Livingstone Infra for a ₹1650 crore project. This prime location in South Mumbai offers excellent connectivity and potential for growth in the real est