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The builder lobby is upset over the idea of setting up the Maharashtra Housing Regulatory Authority, a quasi-judicial body that will control, among other housing issues, the prices of houses built by private builders.

“When the government cannot provide us with land at a cheaper cost, how can it expect us to sell the property at a lower price?” argues Anand Gupta, chairman of the Builder Asso read more »
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It may turn out to be the biggest haul of land lolly in Mumbai’s history, with some of the state’s leading politicians in the frontline to get their share.

At stake are 5,500 acres of suburban salt pans, eight times the size of the defunct mill lands in central Mumbai.

Builders have been circling this land for years now, waiting for controls on these eco-sensitive tracts to be loosened.
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