A senior official at Mira Bhayander Municipal Corporation has filed a police complaint against an unidentified person for making threats and demanding extortion money. The threats are believed to be related to the official's work in the encroachment divis
Real EstateExtortionMbmcMira Bhayander Municipal CorporationThreatsReal Estate MumbaiJul 18, 2024
Ravi Pawar, the Deputy Commissioner (Encroachment) of Mira Bhayander Municipal Corporation
Rs 5 lakh
The police are working to unravel the network of a local strongman and his gang involved in real estate activities
No, similar incidents of extortion and threats have been reported in other parts of the country, including Gujarat and Kolkata
The MBMC is responsible for regulating the real estate sector in Mira Bhayander, and officials like Ravi Pawar play a key role in preventing encroachment and promoting lawful development
The Delhi-NCR real estate market has emerged as the best performer in terms of launches and sales, despite a 13% drop in new housing supply across top nine cities and a 2% fall in sales year-over-year.
The Indian stock market is witnessing a significant transformation, driven by emerging themes such as digital transformation, green energy, healthcare innovation, and infrastructure development.
Adani Realty is set to unveil its largest real estate venture — a 1,000-acre township near the upcoming Navi Mumbai International Airport. This ambitious project is expected to transform the real estate landscape in the region, offering a mix of residential, commercial, and recreational spaces.
The Karnataka Janata Dal (Secular) staged a protest against the Greater Bengaluru Governance Bill, accusing it of favoring real estate developers. The bill, which aims to streamline governance in Bangalore, has sparked controversy and opposition from vari
The Indian real estate debt market is expected to present a financing opportunity of Rs 14 trillion between 2024-2026, driven by growth in construction finance and lease rental discounting.
A shocking turn of events has transformed a rape case into a massive financial scandal, with raids uncovering crores in Demat accounts, real estate, and unaccounted cash.