Maharashtra builders exploit rental housing scheme delays

26 Dec 2023 CW Team

Activists in Maharashtra have raised concerns over alleged exploitation by builders who are purportedly benefiting from delays in the implementation of the state's Rental Housing Scheme projects. According to reports, the protracted timelines have allowed developers to capitalize on loopholes, potentially undermining the intended benefits for residents in need of affordable housing.

The Rental Housing Scheme aims to address the housing crisis by providing affordable rental accommodations to various income groups. However, activists claim that builders are taking advantage of bureaucratic delays, avoiding penalties, and circumventing regulations. This has raised questions about the transparency and efficiency of the scheme's execution.

Critics argue that the delays not only impact the credibility of the initiative but also compromise the welfare of those eagerly awaiting affordable housing solutions. The state government is now facing calls to expedite the implementation process, tighten regulatory oversight, and ensure that builders adhere to the intended objectives of the Rental Housing Scheme.

As the debate intensifies, the spotlight is on the intersection of policy, developer practices, and the pressing need for accessible and affordable housing solutions for the people of Maharashtra.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..