Maharashtra has taken significant strides to tighten coastal security, focusing on ports, ferries, and the verification of identification documents to prevent illegal activities and ensure public safety.
Coastal SecurityPortsFerriesIdentification VerificationPublic SafetyReal Estate MaharashtraApr 30, 2025
The main security measures include the introduction of advanced surveillance systems, increased security personnel, biometric verification systems, and thorough checks and screenings for authorized access.
The verification of identification documents, such as Aadhaar cards and official worker ID cards, is crucial to prevent the entry of illegal workers and ensure that all individuals are properly documented.
Safety protocols for ferries include regular inspections, maintenance, security checks for passengers, and the installation of surveillance cameras to monitor onboard activities.
The public is being involved through awareness campaigns and community outreach programs, which encourage residents and workers to report any suspicious activities or individuals to the authorities.
The government has allocated a significant budget for the maintenance and upgrading of security infrastructure, including funding for the training and equipping of security personnel, the installation of advanced surveillance systems, and the continuous monitoring and evaluation of security protocols.
The Maharashtra government has approved the use of salt pan lands for the Dharavi Redevelopment project, a significant step towards transforming one of the world's largest slums.
The real estate market in Tirupati and Chittoor is experiencing a significant slowdown, attributed to halted freehold registrations, stricter land regulation enforcement, and overall subdued market activity.
MahaRERA officials have decided to put the grading of real estate projects in Maharashtra on hold, citing the lack of authorization under the Real Estate Regulatory Act 2016.
Mumbai-based real estate developer Oberoi Realty recorded a significant 31% increase in bookings to ₹5,266 crore in FY25. The company sold 928 units, a 32% jump from the 705 units sold in the previous year.
Bengaluru's real estate market is experiencing a downturn as the IT sector faces significant layoffs and a shift towards AI. The reduced demand from IT employees is impacting property prices and rentals.
A financial advisor emphasizes the importance of steady cash flow, particularly through real estate investments, which can provide both appreciation and rental income, making it a powerful tool in building a solid financial foundation.