Baba Siddique, a notorious figure with deep ties to land and real estate, has brought the dark underbelly of Mumbai's gangland back into the spotlight. This resurgence highlights the evolving dynamics of the city's underworld and the complex role of build
MumbaiGanglandReal EstateCrimeBaba SiddiqueReal Estate MumbaiOct 15, 2024
Baba Siddique is a notorious figure in Mumbai's underworld, known for his extensive connections in the land and real estate sectors. He has been linked to several high-profile gangland killings and is a key player in the city's property market.
Mumbai has seen a concerning rise in gangland killings in recent months. This resurgence highlights the ongoing struggles in the city's underworld and the complex relationship between criminal syndicates and the real estate sector.
The real estate sector in Mumbai is lucrative, attracting both legitimate investors and criminal elements. The involvement of gangsters in property deals has led to a significant degree of lawlessness and corruption, distorting property prices and making housing unaffordable for many residents.
The Mumbai Police have launched several operations to curb gang activities and bring perpetrators to justice. However, the task is challenging due to the city's vast population and the intricate web of criminal networks.
Builders in Mumbai play a crucial role in the city's development, driving economic growth and providing employment. However, their involvement with criminal elements has led to significant lawlessness and corruption, making it a double-edged sword.
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Real estate developers, banks, financial institutions, and private equity funds are maintaining a positive outlook on the sector's growth. This optimism is fueled by various factors including government policies and market trends.
Maharashtra leads the list with 48,047 registered projects, accounting for 40% of the total, which has significantly boosted investment in the real estate sector.