Deputy Chief Minister Eknath Shinde announces a significant housing development initiative by the Maharashtra Housing and Area Development Authority (MHADA) to construct 800,000 homes in the state within the next five years. This ambitious plan aims to pr
MhadaHousingAffordable HousingMaharashtraEknath ShindeReal Estate MaharashtraFeb 05, 2025
MHADA plans to construct 800,000 houses across Maharashtra in the next five years.
The lottery system used by MHADA is significant because it ensures transparency and fairness in the allocation of houses, increasing public trust in the authority.
Cluster development projects are efforts to build well-planned cities within existing urban areas. They are important because they help in creating structured and efficient urban spaces.
The groundbreaking ceremony for the cluster projects will take place on February 9 in Thane.
The new housing policy provisions will benefit textile mill workers and Mumbai's dabbawalas, ensuring they have access to affordable housing.
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The House of Abhinandan Lodha targets Rs 2,400 crore revenue in FY25, Macrotech acquires 3 land parcels in Mumbai and Pune, and more
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has made it compulsory for property developers to provide detailed information about the flat being sold, including amenities and facilities.
Sebi plans to establish new institutions to enhance investor information quality and is focusing on capital formation for real estate and infrastructure, including initiatives for REITs, InvITs, and municipal bonds.
Macrotech Developers' Abhishek Lodha emphasizes the benefits of buying over renting, citing significant increase in rentals and reintroduction of incentives for first-time homebuyers.
Pune's real estate market is booming, with a 50% increase in transactions in Q2 2024. Experts attribute this growth to strong demand for high-end properties and upcoming festivals.