Maharashtra Budget: Opposition leaders, including Uddhav Thackeray and Nana Patole, criticize government's announcements as hollow promises ahead of assembly elections.
Maharashtra BudgetUddhav ThackerayNana PatoleOpposition LeadersAssembly ElectionsReal Estate MaharashtraJun 28, 2024
The Maharashtra Budget 2024-25 is the state government's financial plan for the fiscal year 2024-25, which includes a slew of populist measures aimed at wooing women, unemployed youths, farmers, and households.
The key Opposition leaders who reacted to the budget are Uddhav Thackeray, Nana Patole, and Ambadas Danve.
The key announcements made in the budget include a monthly allowance of ₹1,500, three free cooking gas cylinders, and a slashed value-added tax (VAT) on fuel in the Mumbai metropolitan region.
Opposition leaders have termed the budget as 'jumla' and 'bogus' because they believe that the announcements made are hollow promises that will not be implemented and are only meant to mislead people ahead of the assembly elections.
According to the Opposition leaders, the debt burden of Maharashtra has crossed ₹7 lakh crore, which is a result of financial mismanagement by the government.
Yuvraj Singh has filed legal notices against two Delhi-based real estate firms for breaching his privacy rights and delaying possession of a property.
The West Bengal government has withdrawn temporary relief measures for the real estate sector, including a 2% stamp duty reduction and 10% circle rate cut, effective July 1, 2023.
Bengaluru Metro starts Oscillation and EBD trials on Reach 5 line stretch. The trials are being conducted on the 8.03 km long line between Bommanahalli and RV Road.
In a significant market move, Nimbus Projects' stock has surged to its highest level, outperforming both its sector and the Sensex. This remarkable achievement reflects the company's strong financial health and robust business strategies.
Despite economic challenges, real estate investments in the Asia Pacific region, particularly India, continue to rise, with the market seeing a 12% increase in 2024.
Dubai's rental market is a challenging landscape, often favoring landlords and real estate agents, leaving tenants feeling frustrated and at a disadvantage.