Maharashtra government drafts vacation rental home policy

06 Aug 2021 CW Team

The Maharashtra government is drafting a policy for vacation rental homes, given the changes in tourist preferences during the pandemic.

Maharastra's Principal Secretary, Tourism, Valsa Nair Singh, told the media that the policy would help regulate the whole trade of vacation homes, which will be approved after visits from government officials and the police. It will further help in curbing the menace of unsuspecting tourists getting fleeced.

Singh further added that, there is a huge demand for such homes in different parts of the state, where people prefer to stay in already built but unused residences in faraway places rather than in hotel rooms.

She said that there had been instances of fleecing where bogus apps have taken payments for non-existing properties. There are dedicated platforms that have such properties listed for tourists.

Singh told the media that they are in the process of drafting this policy, and this will be a comprehensive policy, the place will be checked, before giving permission.

She said that at the base of the historic Raigad Fort, the tourism department is planning to have a caravan parking bay, where the tourists can park their recreational vehicles.

Many entrepreneurs have come forward with plans on the caravan front, and it will take up to two years to have a strong caravan touring culture in the state.

She said that there had been movement on the beach shack policy, which was made public last year, and the state would have beach shacks by October.

Singh added that there is a huge demand for tourism, and the state's focus is to tap into outbound tourists by giving them options within.

Image Source

Also read: Affordable rental housing: DDA nods scheme under Delhi Master Plan

Building Material

18 Sep 2025

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..