MUMBAI: As the controversy over the Waqf (Amendment) Bill, 2025, continues to escalate, the Maharashtra government has unveiled startling statistics about the encroachment of Waqf land. The state has initiated a comprehensive mapping project to address the issue.
Waqf LandEncroachmentMapping InitiativeMaharashtraWaqf Amendment Bill 2025Real Estate MumbaiApr 05, 2025
The Waqf (Amendment) Bill, 2025, is a proposed legislation that seeks to make several changes to the existing Waqf Act. It includes provisions for the appointment of government officials to manage Waqf properties, which has raised concerns about the autonomy of Waqf boards.
According to the Maharashtra government, approximately 50% of Waqf land in the state is currently encroached.
The purpose of the mapping initiative is to identify and address encroachments on Waqf lands. The data collected will be used to remove encroachments and develop a plan for the sustainable management of these properties.
The mapping initiative will use advanced technologies, including satellite imagery and Geographic Information Systems (GIS), to create detailed maps of Waqf properties.
The mapping initiative is expected to take several months to complete. The government plans to engage with local communities and stakeholders to discuss the next steps once the data is compiled.
Luxury housing sales in India's top 7 cities witness a 27% surge in the first half of 2024, driven by strong demand. Delhi-NCR, Mumbai, and Hyderabad lead the way.
Prime Minister Narendra Modi, addressing a gathering in Mumbai, strongly criticized the Congress party, terming it irresponsible and a 'factory to spread hatred.' He emphasized the need for a bigger victory in the upcoming Maharashtra assembly elections.
Brookfield India Real Estate Trust has successfully raised Rs 3,500 crore by selling units to institutional investors through a Qualified Institutional Placement (QIP). The funds will primarily be used to reduce the company's debt burden.
In a significant milestone, the Indian real estate sector witnessed an unprecedented surge in foreign investment, recording an all-time high of USD 11.4 billion in 2024. This represents a 54% increase from the previous year, according to a recent report.
The implementation of stricter loan regulations and the Real Estate (Regulation and Development) Act, 2016, has significantly improved credit profiles, enabling top real estate professionals to secure more affordable Long-Term Real Estate Development (LRD
The Pune-Bengaluru Expressway is set to reduce travel time from 15 hours to just 7, driving growth in real estate and economic prospects across Maharashtra and Karnataka.