The union government has enacted a law that gives 11 major ports powers to develop real estate and commercial projects on their land without permission from local agencies. In the process, it has set itself up for conflicts with states and the general public.
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An environmental hazard has spawned the need for these quick fixes, but do they really work?
Surprised by the stiff resistance to its attempts to wrest control of the trust that owns the prime plot of land in upscale Breach Candy, the conglomerate seems reconciled to licking its wounds.
Rising rents and the potential for future appreciation combine to make a strong case for acquisition of property on the city’s outskirts among first-time buyers.