Maharashtra Clears First Housing Policy in Nearly 20 Years

04 Jun 2025 CW Team

As per news reports, the Maharashtra cabinet has approved the 2025 Housing Policy, marking the state’s first comprehensive housing roadmap since 2007. Titled Majhe Ghar, Majha Adhikar (My Home, My Right), the policy aims to construct 35 lakh affordable homes by 2030 with an investment outlay of Rs 70,000 crore.

To support self-redevelopment, the government has allocated Rs 2,000 crore and proposed a dedicated cell to assist cooperative housing societies with planning, financing, and project execution. The policy also proposes creating a government land bank by 2026 in collaboration with key departments, enabling the construction of affordable housing stock across the state.

To address stalled and slum rehabilitation projects, the state will introduce incentives under a cluster redevelopment scheme.

Further, the policy encourages walk-to-work development by mandating that ten to thirty percent of land in industrial zones be reserved for housing. It also eases norms on tax, stamp duty, and FSI for senior living and student housing projects, promoting them for both sale and lease.

Image source:disegnojournal

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..