Land up for grabs in Mumbai

PUBLISHED ON: November 29, 2007 | Duration: 3 min, 08 sec

  
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Thousands of acres of urban land have been freed in Maharashtra with the state assembly repealing the 41-year-old Urban Land Ceiling act. The move is likely to trigger a real estate boom in the state, especially Mumbai, which has been struggling to cope with a housing crisis and spiralling property prices.
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