Discrimination faced by Mumbaikars...

If the housing societies in Mumbai (Bombay) are only meant for families (married couples), then the government of Maharashtra should make marriage compulsory in the state/city.
Or else the government should tell its citizens where will Unmarried, Divorcees, Bachelors, Spinsters live in the city of skyscrapers or is Bombay only for those who have families.
This is one of the greatest mental blocks of Mumbaikars, who otherwise want to bask in the FALSE HALO of Cosmopolitanism.
This disease (of not giving apartments to Bachelors, Muslims, etc on rent) is specially prevalent in housing societies where the Gujaratis, Marathis and North Indians (to some extent) abound; while the rest of the population is more or less okay with the concept.
The government of Maharashtra should take this matter seriously and devise laws to eradicate this malice ASAP, so that BOMBAY (and its suburbs) becomes free of discrimination based on Marital Status, Religion, etc. Or else the Honourable Supreme Court of India should step in, and give directions to the state or central governments -- so that the fundamental rights of its citizens enshrined in the constitution of India is not violated.

Monday, July 01, 2013

Housing Development and Infrastructure Ltd (HDIL): One Way Street
After positive reports from a number of Brokerage Houses, the scrip has started to move up again. The fundamentals of the company is very strong and the current price of Rs.41, does not give the correct picture of the things. The scrip is having a book value of Rs.243 and is a going concern. 
Meanwhile, the stock of Mumbai-based HDIL rose 9.9% in the afternoon trade after reports came out that Bombay High Court, today gave interim relief to Mumbai based realty developer, in a case involving the company, Mumbai International Airport (MIAL) and Slum redevelopment authority (SRA).  The High Court has barred SRA from initiating proceedings for repossession of tenements built by HDIL under slum rehabilitation project of MIAL, television reports said. In May this year, HDIL said the MIAL terminated the contract with it for the slum rehabilitation project and HDIL had moved court against MIAL, SRA and MMRDA.  The case is expected to be heard on July 10, reports said.  
All this points towards a much higher targets for the scrip of HDIL, especially in the view of the new bill related to this sector, which is expected to be passed by the Indian Parliament.