Controversy over shifting plot

Questions over corporation’s plan to abandon self-owned piece of land Ruparani Nikam Kolhapur: A fresh controversy has surfaced over the proposed construction of the Kolhapur Municipal Corporation’s (KMC) new administrative building, with questions being raised over the apparent shift from a prime, self-owned plot at Nirmal Chowk to an alternative site at Shendapark. The civic body, which has been functioning out of the historic Gandhi Market building since its days as a nagarpalika...

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Questions over corporation’s plan to abandon self-owned piece of land Ruparani Nikam Kolhapur: A fresh controversy has surfaced over the proposed construction of the Kolhapur Municipal Corporation’s (KMC) new administrative building, with questions being raised over the apparent shift from a prime, self-owned plot at Nirmal Chowk to an alternative site at Shendapark. The civic body, which has been functioning out of the historic Gandhi Market building since its days as a nagarpalika during the princely era, was upgraded to a municipal corporation in 1972. However, despite a significant expansion in its administrative scope over the decades, the KMC has yet to acquire a modern, purpose-built headquarters. At the centre of the present debate is a 9-acre-36-guntha plot at Nirmal Chowk considerably larger than the five-acre Shendapark site now being proposed. The Nirmal Chowk land has long been in the corporation’s possession, and even a property card had been issued following the resolution of disputes by the district administration. Despite this, the civic body has now indicated that the new headquarters will be constructed at Shendapark, prompting questions over the rationale behind abandoning a larger, strategically located plot. Complicating matters further is a prolonged legal dispute over the Nirmal Chowk land. While the preparation of a property card typically nullifies the relevance of the 7/12 extract under Maharashtra land records, claims based on the latter continued to surface, with some parties asserting ownership and keeping the dispute alive. Critics allege that the civic administration failed to pursue the case with due diligence, at times remaining absent during key hearings. It was only after an intervention through a separate petition filed by Dilip Desai of a local civic group that the matter regained traction. The case is now slated for hearing before the Kolhapur circuit bench of the Bombay High Court in June. Observers argue that instead of strengthening its legal position and securing the valuable land estimated to be worth around Rs 40 crore the KMC appears to have shifted focus to the Shendapark site. This, they say, raises concerns about the intent behind the change in location. Notably, as far back as December 2003, the corporation had organised an architectural design competition for constructing a modern headquarters at Nirmal Chowk. A contemporary design was finalised, but the project has seen little progress in over two decades. In contrast, several municipal corporations across Maharashtra have since developed modern administrative complexes, while Kolhapur continues to operate out of cramped premises in Gandhi Market, with even council proceedings often conducted under space constraints. Civic activists contend that had the KMC pursued the Nirmal Chowk project with consistency and resolved legal hurdles in time, the city would not have risked losing control over a high-value public asset. With the shift to Shendapark now underway, concerns are also being voiced about the future of other public spaces in the city. Activists warn that if such decisions go unchallenged, it could set a precedent affecting open spaces in urban layouts. The controversy has triggered demands for greater transparency and accountability in the civic body’s land-use decisions, with residents seeking clear answers on why the original site was sidelined and who stands to benefit from the change.

Why Women Are Better Investors Than Men

Kaustubh Kale
Mar 9, 2025
2 min read

Updated: Mar 10, 2025

As the world celebrated International Women's Day, discussions centered around women's achievements in various fields—business, leadership, science, and beyond. But one area where women consistently outperform men, yet receive little recognition, is investing.

Despite money management often being seen as a male-dominated field, women have quietly and consistently proven to be better investors than men. With patience, discipline, and a long-term mindset, women naturally possess qualities that make them superior money managers.

A Perfect Blend of Knowledge and Wealth

In Hindu mythology, Goddess Saraswati symbolizes knowledge, while Goddess Lakshmi represents wealth—two essential pillars of investing. The ability to manage wealth wisely stems from a deep understanding of financial principles, and this is where women excel. They take the time to learn, analyze, and make informed investment decisions rather than rushing into trends or speculation.

Why Women Make Better Investors

Several traits make women stand out as investors:

Patience and Long-Term Vision: Unlike men, who may be more prone to impulsive trading and get-rich-quick schemes, women tend to have a longer term mindset. Their ability to stay calm, especially during market fluctuations, leads to better returns over time.

Disciplined and Goal-Based: Women prioritize consistent savings and goal-based investing. This disciplined approach helps them build wealth steadily. Women naturally excel at budgeting, planning, and structuring investments to align with future goals, whether it’s children’s education, home buying, or retirement security. Their emotional connection with goals is what makes them stick to discipline.

Risk-Aware, Not Risk-Averse: Contrary to the stereotype, women are not afraid of risks—they are just more calculated about them, through appropriate asset allocation. Eventually, this approach ensures maximum returns with minimal risks.

Trust and Willingness to Learn: Women value education and expertise, making them more likely to seek guidance from a well-qualified financial advisor. Unlike men, who often overestimate their investing abilities, women approach financial decisions with a willingness to learn. Once they find a trusted expert, they follow sound advice instead of making emotional, short-term moves.

Women Leading the Financial World

These qualities are why many of the world’s leading financial institutions are now led by women. In India and abroad, we see prominent banks, asset management companies, and investment firms thriving under female leadership. Their ability to combine strategic thinking with emotional intelligence makes them exceptional at managing money—both at a personal and professional level.

Final Thoughts

With their trust in expert advice and a strong focus on financial education, more women should embrace their strengths and take control of their financial futures!