Real Estate Maharashtra
Maharashtra Embraces Digital Transformation with Launch of 'e-Bond' System
The Maharashtra government has launched an electronic bond (e-bond) system to streamline import and export transactions, replacing traditional stamp paper bonds. This move is aimed at enhancing efficiency, transparency, and environmental sustainability in the state's economy.
Real Estate Maharashtra
Centre Transfers Salt Land for Dahisar-Vasai Road Project
The central government has decided to transfer 53.174 acres of salt land in Thane district to the Maharashtra government for the construction of the Dahisar-Vasai Road. This move is expected to boost infrastructure development in the region.
Real Estate Maharashtra
Maharashtra to Set Up Fully Equipped Veterinary Hospitals in All Municipal Corporations
The Maharashtra government has directed all municipal corporations to establish fully equipped veterinary hospitals to address the growing population of stray animals in urban areas.
Real Estate Maharashtra
Maharashtra Government and Lodha Sign ₹30,000 Crore MoU for Palava Data Hub
The Maharashtra government and Lodha Developers have signed a historic Memorandum of Understanding (MoU) worth ₹30,000 crore to develop a state-of-the-art data hub in Palava, a smart city project. This initiative aims to boost the region's digital infrastructure and attract significant investment in the tech sector.
Real Estate Mumbai
Maharashtra Government to Simplify OC Process for 25,000 Housing Societies in Mumbai
The Maharashtra government is set to introduce a new policy to help around 25,000 housing societies in Mumbai obtain long-pending Occupation Certificates (OCs).
Real Estate
Maharashtra's Plan to Grant OCs to 25,000 Housing Societies in Mumbai
The Maharashtra government is set to announce a new policy framework to grant Occupation Certificates (OCs) to around 25,000 housing societies in Mumbai, providing relief to thousands of homeowners.
Real Estate Maharashtra
Maharashtra Government to Grant OCs to 25,000 Housing Societies in Mumbai
The Maharashtra government is set to announce a new policy that will allow around 25,000 housing societies in Mumbai to obtain long-pending Occupation Certificates (OCs). This move aims to alleviate the bureaucratic hurdles faced by homeowners and streamline property regularization.
real estate news
Lodha Developers Stock Surges 5% After Signing ₹30,000 Crore MoU with Maharashtra Govt
Lodha Developers Ltd's stock climbed 5% following the signing of a ₹30,000 crore MoU with the Maharashtra government to develop a 2 GW data centre park, creating 6,000 jobs. The company's strong Q1 results and robust project pipeline further bolster its financial strength.
Real Estate Maharashtra
Maharashtra's Maratha Reservation Controversy: Threat to OBC Quota Under Scrutiny
Maharashtra's Food and Civil Supplies Minister, Chhagan Bhujbal, criticizes the state government's decision to issue a government resolution (GR) on Maratha reservation, citing concerns over the impact on the existing OBC quota.
Real Estate Maharashtra
Prestige Group and Maharashtra Government Ink Rs 12,500-Crore Deal for Three Major Projects
Prestige Estates Projects Ltd and the Maharashtra government have signed a Rs 12,500-crore deal for a data center, a global competency center, and a logistics facility with residential and commercial properties. The projects are expected to generate around 8,700 direct jobs and thousands of indirect opportunities, set to commence in 2026.
Real Estate Pune
Pune State Government Approves ₹27-Crore Plan for Bundgarden Police Station’s New Building
The Maharashtra government has cleared a ₹27-crore project to construct a new administrative building for the Bundgarden police station in Pune. The project, which includes a basement and four floors, aims to modernize the police station's facilities and improve operational efficiency.
Real Estate Maharashtra
Maharashtra Govt Boosts Revenue with Grain-Based Liquor Production
The Maharashtra government has taken a significant step to increase revenue by allowing the production of grain-based liquor and reviving underutilized liquor units. This move is expected to generate an additional Rs 3,000 crore.
Real Estate Maharashtra
Maharashtra Approves TP Schemes to Accelerate Pune's Infrastructure Growth
Maharashtra has approved several Town Planning (TP) schemes to boost infrastructure development in Pune, including the expansion of ring roads and village development projects.
Real Estate Maharashtra
Mumbai Property Registrations Surge 4% in Jan-Jul: A Sign of Strong Market Demand
Mumbai's property market has witnessed a 4% increase in registrations to 88,639 units from January to July, driven by robust buyer confidence and rising demand. Revenue from registrations also saw a 13% uptick.
Real Estate Maharashtra
Maharashtra Government Prohibits Employees from Criticizing Decisions on Social Media
The Maharashtra government has issued a circular banning its employees from criticizing government decisions or sharing confidential documents on social media. Violators face disciplinary action.
Real Estate Pune
Maharashtra Government Rejects Pune's Hoarding Fee Hike; PMC Ordered to Respond
The Maharashtra state government has overturned the Pune Municipal Corporation’s (PMC) decision to increase advertisement hoarding fees, citing non-compliance with the state’s Advertising Policy 2022. The PMC has 30 days to provide a detailed explanation.
Real Estate Mumbai
Maharashtra Considers Higher FSI for Mumbai Airport Funnel Zone
The Maharashtra government is considering allowing a higher Floor Space Index (FSI) in the Mumbai airport funnel zone, which could significantly impact real estate development in areas like Vile Parle and Santacruz.
Real Estate Maharashtra
Maharashtra Government Extends Eligibility for SRA Scheme to More Residents
The Maharashtra government is set to expand the eligibility criteria for the Slum Rehabilitation Authority (SRA) scheme, potentially benefiting more residents. This move aims to enhance urban development and improve living conditions in slum areas.
Real Estate Maharashtra
Maharashtra Allocates Funds to Boost Merged PMC Villages
The Maharashtra government has allocated funds to enhance infrastructure in the recently merged villages of the Pune Municipal Corporation (PMC). This initiative aims to improve civic amenities, waste management, and water supply in these peri-urban areas.
Real Estate Maharashtra
Maharashtra Exempts Rs 264 Billion in Stamp Duty for Key Projects
The Maharashtra government has waived Rs 264 billion in stamp duty for several key infrastructure and real estate projects, including the Dharavi redevelopment and the MNLU Goregaon. This move aims to boost urban renewal and attract private investment.