Maharashtra’s amnesty scheme to benefit 523 stranded slum projects

11 Mar 2022 CW Team

Minister of Housing of Maharashtra, Jitendra Awhad, announced that the state government was finalising an amnesty scheme for stranded slum projects benefiting 523 other schemes.

He said that a file on this has been prepared and has already been approved, which will be signed by the Chief Minister.

BJP leader Ashish Shelar brought to Awhad’s notice that more than 40% of slum rehab schemes are stalled as the builders were under inquiries by the Directorate of Enforcement (ED), police or economics offences wing, and some builders are in custody.

Shelar said that the slum-dwellers have no place. Their homes had been demolished, the builders had stopped paying them their due rents, and guardians left for these slum-dwellers. The government should implement measures to ensure that they receive their due rents.

Image Source

Also read: Maharashtra govt plans to redevelop Juhu airport slums

Infrastructure Urban

30 Oct 2025

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..