A significant development in the political landscape of Maharashtra as a top leader from the BMC resigns and is set to join the BJP today, in the presence of Maharashtra Deputy Chief Minister Devendra Fadnavis.
Maharashtra PoliticsBmc LeaderBjpCongressPolitical DefectionsReal Estate MaharashtraOct 31, 2024
The identity of the leader is currently not disclosed, but he or she is a prominent figure in the BMC and has held various key positions.
The decision is reportedly driven by ideological differences and the opportunity to contribute to a broader and more influential party platform.
The formal announcement and the induction of the leader into the BJP ranks are expected to take place later today, in the presence of Maharashtra Deputy Chief Minister Devendra Fadnavis.
This move is expected to intensify the political rivalry between the BJP and the Congress and could have far-reaching implications for the upcoming local and state elections.
The resignation of a top BMC leader and their subsequent joining of the BJP is seen as a significant blow to the Congress, which has been struggling to maintain its stronghold in the state.
The Confederation of Indian Industry's Indian Green Building Council (CII-IGBC) has launched its 30th chapter in Navi Mumbai, marking a significant milestone in the region's journey towards sustainable development.
PropiChain (PCHAIN) is set to revolutionize the trillion-dollar real estate market with its innovative blockchain solution. Here's why investors should consider joining the whitelist presale.
Build Capital, an innovative early-stage real estate fund, has announced its first major investment in the Navi Mumbai market, targeting a massive Rs 1.5 billion investment by 2025.
The Bombay High Court has appointed a former Supreme Court judge to mediate a trademark dispute between the Lodha brothers, who are involved in significant real estate businesses in Mumbai.
The Reserve Bank of India's Monetary Policy Committee (MPC) is set to convene tomorrow, with experts predicting another repo rate cut. A lower repo rate can reduce borrowing costs, potentially boosting demand for homes and investments in the real estate sector. However, the actual impact will depend on various economic factors.
The effects of the 26% tariff imposed by the United States on Indian exports have been particularly pronounced in Bengaluru's IT sector and real estate markets. On April 7, 2025, India's stock markets experienced significant losses, reflecting the growing uncertainty and economic strain.