The new dispensation in Maharashtra is set to prioritize technology, startups, and transformative infrastructure projects, positioning the state as a key player in the global economy while addressing issues like high real estate costs.
MaharashtraTechnologyStartupsInfrastructureReal EstateReal Estate MaharashtraMar 02, 2025
The main priorities of the new dispensation in Maharashtra include technology, startups, and transformative infrastructure projects. The focus is on positioning the state as a leading hub for innovation and economic growth.
The government plans to address high real estate costs by developing affordable housing projects and implementing policies to control speculative price increases, ensuring that housing remains accessible to a diverse population.
Some of the transformative infrastructure projects include the Mumbai Trans Harbour Link, the Mumbai-Ahmedabad High Speed Rail Project, and the Navi Mumbai International Airport, which aim to enhance connectivity and boost economic activity.
Smart cities will play a crucial role in the new dispensation by transforming several cities into advanced urban centers with high-speed internet, efficient public transportation, and sustainable energy solutions, improving the quality of life for residents.
The focus on technology and startups will create a robust ecosystem to attract tech companies and foster innovation, driving economic growth and making Maharashtra a leading hub for economic activity and innovation.
After a significant housing boom post-pandemic, Gujarat's home loan market is experiencing a substantial slowdown, with a 20% decline in disbursals during the third quarter.
A viral social media post highlights the absurdity of Mumbai's rental market, where a 2BHK apartment with a washing machine installed above the toilet is available for rent at a staggering price.
M3M India is poised to repay a substantial Rs 1300 crore loan to Indiabulls, making the Group debt-free and significantly boosting investor confidence in the real estate sector.
Mumbai's luxury real estate market is booming, with a record-breaking sale of a Lodha Sea Face apartment for ₹187.5 crore. Worli has emerged as a prime hot spot, recording 683 registrations and a significant transaction value.
The Japanese International Cooperation Agency (JICA) has signed an agreement to provide the final tranche of Rs 4,657-crore loan for the Mumbai Metro Line 3 project, a key corridor of the rapid transit system in the financial capital.
The Indian real estate sector may experience a significant impact with the removal of indexation benefits announced in the Union Budget 2024, leading to increased tax burdens and potential market slowdowns.