Shah declared assets worth ₹3,383 crore, a significant leap from ₹500 crore in 2009. His real estate holdings and business ventures cemented his position as one of the wealthiest candidates in the race.
Maharashtra ElectionsPolitical FinanceCampaign FundsFinancial DisparityElection Commission Of IndiaReal Estate MaharashtraNov 19, 2024
Shah is a notable candidate in the 2024 Maharashtra elections who has declared assets worth ₹3,383 crore, a significant increase from ₹500 crore in 2009.
Ravi, a financially disadvantaged candidate in the 2024 Maharashtra elections, has declared assets worth just ₹5 lakh.
Wealthy candidates like Shah use their financial resources for extensive campaign funds, which can be used for advertising, rallies, and other campaign activities, often giving them a significant advantage.
Financially disadvantaged candidates often struggle to compete on the same level as wealthy candidates. They have to rely on grassroots efforts and community support, which can be time-consuming and labor-intensive.
The ECI has set limits on campaign expenditure and monitors the sources of funding to ensure a fair and transparent electoral process. However, implementing and enforcing these measures remains a challenge.
The Dharavi redevelopment project, led by the Adani group, has received a significant boost after a newly formed residents' association lent its support to the ongoing state government-led survey of informal tenements.
Industry bodies representing Real estate investments trusts (REITs) and alternate capital have come out in support of Sebi chief Madhabi Puri Buch amidst allegations by US-based short-seller Hindenburg.
Dharavi Redevelopment: Relaxation in Open Spaces. 24 Sep 2024, Mumbai.
Baba Siddique, a prominent figure in Mumbai's real estate and political circles, started his journey as a corporator in 1995 and became an MLA for Bandra in 1999. His influence in the real estate market of Bandra is legendary, shaping the city's landscape
Infosys co-founder N.R. Narayana Murthy has purchased a lavish second flat on the 16th floor of Kingfisher Towers in Bengaluru. The property was bought from a Mumbai-based businessman through Sadhwani Real Estate Holdings, marking another significant inve
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