Real estate reforms: Lessons from Campa Cola colony

The Supreme Court’s stay till end-May next year of its own order regarding the demolition of extra, illegal floors in Mumbai’s posh Campa Cola colony is unlikely to end what has been a contentious episode even by the standards of Mumbai’s troubled real estate sector. The visuals of residents resisting the bulldozers and town officials carrying out their lawfully appointed work had moved the judges, according to reports: the Bench said that “we were badly disturbed by the events reported by the media last evening”.

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