Supriya Sule, the working president of NCP(SP), urges Maharashtra to reconsider the Rs 86,300 crore Nagpur-Goa Shaktipeeth Expressway, citing financial strain and public dissent.
MaharashtraShaktipeeth ExpresswaySupriya SuleInfrastructureNcpspReal Estate MaharashtraJun 26, 2025
The Shaktipeeth Expressway project is a proposed Rs 86,300 crore infrastructure project in Maharashtra that aims to link Pavnar with Patradevi, reducing travel time between Nagpur and Goa.
Supriya Sule is the working president of NCP(SP) and the Baramati Lok Sabha MP. She strongly opposes the Shaktipeeth Expressway project, citing financial strain and public dissent.
The main financial concern is the Rs 12,000 crore loan from HUDCO for land acquisition and the potential that 22% of the state's budget might go to loan repayments, affecting essential sectors like education and health.
The potential benefits of the Shaktipeeth Expressway include reduced travel time, economic growth, job creation, and improved connectivity between Nagpur and Goa.
The project has been approved by the state cabinet, but it faces strong opposition from politicians and the public. The debate over its financial viability and necessity is ongoing.
Raymond Realty, a subsidiary of Raymond, announces its demerger, paving the way for a separate listed entity. With a strong land bank and JDA projects, the company targets Rs 32,000 crore revenue potential.
The Mumbai Coastal Road project is expected to improve connectivity between South Mumbai and the suburbs, benefiting areas like Nariman Point, Cuffe Parade, and Churchgate. Real estate experts predict a positive impact on the market, especially for redeve
The murder of NCP leader Baba Siddique sent shockwaves through Mumbai, with the police investigating multiple angles, including ties to the Lawrence Bishnoi gang. The attackers' initial plan to use pepper spray went awry, leading to a deadly outcome.
Milind Deora, a prominent political figure, is contesting against Aaditya Thackeray in the upcoming Maharashtra elections, focusing on the Worli Assembly seat in Mumbai. Deora is challenging the Uddhav Sena's plan to scrap the Adani Group's real estate ve
Reliance has made a significant move by acquiring the largest industrial land parcel in Maharashtra. This strategic acquisition is set to bolster the company's real estate portfolio and expand its industrial footprint. Suma Venkatesh, Executive Vice Presi
CREDAI's 6th New India Summit highlights the growing significance of Tier 2 and Tier 3 cities in India's real estate market, emphasizing their role in driving sustainable urban development.