The Shiv Sena UBT has strongly criticized the MMRDA's compensation plan for slum dwellers, stating that the offered Rs 25 lakh is insufficient for buying a home in Mumbai. They demand in-situ housing to ensure fair and sustainable relocation.
Shiv Sena UbtMmrdaSlum RedevelopmentInsitu HousingCompensation PlanReal Estate MumbaiApr 29, 2025

The MMRDA is offering Rs 25 lakh as compensation to slum dwellers who need to be relocated for urban development projects.
The UBT believes that Rs 25 lakh is inadequate for buying a home in Mumbai's real estate market and demands in-situ housing to ensure better living conditions for slum dwellers.
In-situ housing refers to providing homes to slum dwellers in the same area where they currently reside, instead of relocating them to other parts of the city.
In-situ housing helps maintain the social fabric of communities and provides better access to essential services like schools, healthcare, and employment for slum dwellers.
The MMRDA has defended its compensation plan, stating that Rs 25 lakh is a significant amount and can be used to purchase a decent home in the outskirts of Mumbai or neighboring districts. They have expressed a willingness to engage in dialogue to find a fair solution.

Technical glitches have affected online registration of leave and licence agreements across Maharashtra, causing delays and inconvenience to citizens and real estate agents alike.

The Maharashtra Housing and Area Development Authority (MHADA) is set to launch a lottery for 19,000 affordable homes in the Mumbai Metropolitan Region (MMR) and Pune. The homes are priced starting from ₹12 lakh, offering a glimmer of hope for low and mid

An Air India flight, bound from Mumbai to New York, was diverted to Delhi on October 14 following a bomb threat received via X (formerly Twitter). All passengers and crew are safe and the situation is under control.

In the last five years, the average price of new housing projects in India’s top 10 cities has surged by 88%, with Gurugram leading the pack at a 160% increase. Mumbai, on the other hand, has seen the lowest rise at 37%. This surge is attributed to massiv

Aadhar Housing Finance, a prominent player in the mortgage market, has set the price band for its Initial Public Offering (IPO) at Rs 300-315 per share. The company offers a wide range of mortgage-related loan products, including loans for residential pro

Pune and Ahmedabad are emerging as leading smart cities in India. Kochi combines sustainable growth with industrial development, focusing on smart infrastructure and real estate.