India, Sept. 13 -- An individual earning Rs.24 lakh annually has expressed his ambition to become a real estate developer by undertaking a 1-acre Slum Rehabilitation Authority (SRA) project in the Mumbai real estate market, on the land parcel which he inherited from his grandfather.
However, netizens were quick to caution him, urging him to reconsider. Many warned that navigating the complexities of the SRA system could be overwhelming for a newcomer, with several advising him to sell the land and exit before getting entangled in bureaucratic and regulatory hurdles.
A Slum Rehabilitation Project (SRA) in Mumbai is a government-led scheme that redevelops slum areas by providing free, legal housing to eligible slum dwellers. In exchange, ...
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