Pune - Maharashtra has achieved its highest-ever investment deal, securing Rs 15.70 lakh crore through 54 Memorandums of Understanding (MoUs) signed at the World Economic Forum in Davos. One of the major agreements in the real estate sector is expected to
MaharashtraInvestmentMousDavosReal EstateReal Estate PuneJan 22, 2025
Maharashtra has secured Rs 15.70 lakh crore in investment through 54 MoUs signed at the World Economic Forum in Davos.
The investments cover a diverse range of sectors, including real estate, manufacturing, technology, and infrastructure.
One of the major real estate agreements is expected to generate 3 lakh jobs.
The government has streamlined regulatory processes, offered tax incentives, and developed world-class infrastructure to attract foreign investments.
The current Chief Minister of Maharashtra is Eknath Shinde.
The Maharashtra Cabinet has made significant revisions to the policy for technology mega projects, aiming to attract more investments and boost the state's economy. These changes are expected to streamline the approval process and offer better incentives
The Maharashtra Real Estate Appellate Tribunal (MREAT) has set aside a conditional interest payment order by MahaRERA, directing ITMC developers to pay a 2% interest on outstanding amounts without any concessions.
Shanghai is rolling out new tax cuts for real estate transactions to boost the city's property market, but experts are divided on their potential impact.
Godrej Properties has achieved a record-breaking sales figure of Rs 28,800 crore in 2024, outpacing other leading real estate companies in India. This significant achievement is driven by robust demand across major cities.
The Bhutani Group, a prominent real estate developer, faces new challenges as the Enforcement Directorate (ED) conducts a series of raids. This latest move adds to the company's already troubled history with regulatory bodies.
Sridhar Vembu, the founder and CEO of Zoho Corporation, has raised serious concerns over Nandan Nilekani's proposal for land tokenisation. Vembu warns that the initiative could lead to significant financial and social issues.