In the lead-up to the Maharashtra 2024 elections, the candidate from Ghatkopar East is among the top 10 wealthiest MLAs, boasting significant property holdings, including expansive farms and commercial real estate, often with benami stakes.
Maharashtra Elections 2024Ghatkopar EastWealthy MlasReal EstateBenami TransactionsReal Estate MumbaiNov 08, 2024
The candidate from Ghatkopar East in the 2024 Maharashtra elections is one of the wealthiest MLAs, with significant property holdings including vast farms and commercial real estate.
The wealthy MLAs, including the candidate from Ghatkopar East, own a mix of residential, commercial, and agricultural properties, often held through benami transactions.
The properties held by these MLAs contribute to the local economy through employment generation and the provision of essential services, but also raise questions about economic inequality.
The financial muscle of these MLAs can influence their ability to fund election campaigns, mobilize resources, and establish a strong local presence, which can sway public opinion and secure votes.
The Maharashtra State Assembly is responsible for making laws and policies that govern the state, with 288 members elected from various constituencies representing different political parties and backgrounds.
Cricketer Yuvraj Singh has invoked arbitration against a developer over alleged violation of his privacy rights and failure to deliver an apartment in a real estate project in the national capital.
The Real Estate sector is in the spotlight as Yuvraj Singh takes legal action
Indian stock market updates, BSE Realty index down 0.4%, Indiabulls Real Estate share price falls 5%
Commerce and Industry Minister Piyush Goyal has outlined a plan to make real estate more affordable through the PM Gati Shakti platform, emphasizing the importance of collaboration between the government and the real estate sector. He also stressed the ne
In 2024, a significant portion of the properties registered in Mumbai were smaller than 650 sq ft, with a notable 60% comprising 1 BHK and 2 BHK apartments, according to the Maharashtra Real Estate Regulatory Authority (MahaRERA).
The Pune Municipal Corporation (PMC) has issued stop work notices to 158 real estate developers for violating the Maharashtra Municipal Corporation Act and Section 54 of the Maharashtra Regional and Town Planning Act, 1966. This decision comes after a com