In year 2010 Hon Small causes court fixed mesne profit rent of a tenant using self contained room in a RCC building in a convenient location with water and electricity as Rs. 1000/- p.m. . The ex tenant is very big gems and jewelry exporter living in Jaipur. Hon Court had evidence and admission before it that said tenant possessed bungalow in Jaipur, travels abroad for years in several times in a year, has many four wheelers, and two wheeler s etc etc.Yet due t o a senior advocate representing and saying he cant afford higher rent court has fixed rent at Rs 1000/- p.m. . Today's i.e. 13th August 2011 Times of India on first page says that in slum where living condition remains sub human the rent is Rs.10000/- p.m.. What the advocate wanted was we dispute the low rent fixed by hon. court and he gets chance to delay the matter. We consented. Then came turn of depositing the rent. Months have passed and the rent was not deposited inspite of court orders. Application for condonation of delay was filed. Why??? So that we oppose and matter is delayed for few more years. We had no choice but to consent. So we see how senior advos thrive ?? Not by taking matter with some life and not by fighting matter on law point but by managing delays ..Hon court has been silent spectator.to all this.
Citys slum market is booming Pay 15,000/Sq Ft To Own A Shanty,10k/Mth To Rent Anahita Mukherji & Nauzer K Bharucha TNN Mumbai: The realty market is booming in Mumbai.But not in its traditional posh,suburban or newly developing pockets.It is flourishing in the teeming slums that house 60% of the citys population.The informal property industry here is easily worth several hundred crores a year.Some tenements in these areas sell for as much as Rs 15,000 per sq ft while rents for the humble hovels can soar as high as Rs 10,000 a month.Its another matter that the living conditions almost always remain sub-human. Thousands of shanties in prime locations are regularly bought and sold under the radar of government scrutiny.The market boasts its own set of brokers and investors.Most transactions are done in cash and the only loser is the government,which does not receive stamp duty, says Sharad Mahajan of Mashal,an NGO working in Dharavi.  Mumbais Slums Are Paved With Gold First page Headlines " City's slum market is booming" on Saturday TOI, 13th August 2011 |
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