In Maharashtra, and arguably across the country, the state is increasingly identified with real estate. Former Maharashtra chief minister Prithviraj Chavan tells a story of how passing any legislation to regulate land transactions is an onerous task. Once, Chavan attempted to change land rules with respect to multi-storey parking and higher floor space index (FSI) in Mumbai with the aim of ushering in greater transparency. There was total silence in the Cabinet meeting when the proposal was mooted. “Some of my Cabinet colleagues looked at me as if I was committing a sin,” recalls Chavan.

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