CREDAI MCHI Thane Applauds Maharashtra State Budget 2026 for Housing and Infrastructure
CREDAI MCHI Thane has welcomed the Maharashtra State Budget 2026, presented by Devendra Fadnavis, saying it outlines a broad agenda for housing, infrastructure development, and economic growth. The industry body has expressed its satisfaction with the budget's emphasis on key areas that are crucial for the region's development.
Sachin Mirani, president of the organisation, said the focus on completing 3.57 lakh homes under the Pradhan Mantri Awas Yojana and incentives for rooftop solar energy would support the growth of affordable housing while encouraging sustainable development in Thane and across Maharashtra. This initiative is expected to significantly boost the availability of affordable housing, addressing a critical need in the region.
Faiyaz Virani, honorary secretary of the association, said the budget's emphasis on expanding infrastructure, including metro networks and highway development, is expected to improve connectivity and drive economic growth in the region. The expansion of metro networks and highways will not only enhance the quality of life for residents but also attract more businesses and investments to the area.
He also highlighted development plans for cities such as Pune, Nashik, and Nagpur, noting that these initiatives could create new opportunities for the real estate and industrial sectors. The development of these cities is expected to diversify the economic landscape of Maharashtra, making it a more attractive destination for both domestic and international investors.
According to the industry body, the budget aims to strengthen Maharashtra's position as a major economic hub, generate over 50 lakh direct and indirect jobs, and attract increased foreign direct investment while pursuing long-term goals for sustainable urbanisation and economic growth by 2047. This comprehensive approach to development is seen as a positive step towards achieving the state's vision of becoming a leading economic powerhouse in India.
The budget's focus on sustainable development, through initiatives like rooftop solar energy and green infrastructure, aligns with the global trend towards environmental responsibility. This not only enhances the quality of life for residents but also positions Maharashtra as a forward-thinking state that is committed to a sustainable future.
Overall, the Maharashtra State Budget 2026 has been well-received by CREDAI MCHI Thane and other industry stakeholders. The budget's strategic focus on housing, infrastructure, and economic growth is expected to have a significant positive impact on the region, making it a more livable and prosperous place for all.
