In a recent meeting, the Maharashtra state cabinet approved a significant legal reform to accelerate the rebuilding of ageing cooperative society structures. This move allows eviction of minority residents who block majority-approved redevelopment plans.

Tech-enabled fractional commercial real estate investment pioneer Strata is on track to attain a breakthrough AUM goal of INR 2,000 crore by the end of the 2023-24 fiscal year. The upcoming fractional ownership regulation amendments match this ambitious ambition.