Maharashtra to Revise Infrastructure Policies
Real Estate

Maharashtra to Revise Infrastructure Policies

The Government of Maharashtra will make every possible effort to frame infrastructure-related policies, including those that promote housing in the state, in line with changing requirements. This assurance was given by Mrs. Meghana Sakore Bordikar, Minister of State, Government of Maharashtra, while addressing the two-day NAREDCO 17th National Convention, “India Builds: Reimagining Growth through Real Estate and Infrastructure”. At the convention, Dr Niranjan Hiranandani, Chairman of NAREDCO, called for a new blueprint for infrastructure policies in the present context.
The Minister assured that recommendations submitted to the state government at the conclusion of the convention—relating to new town planning, sewage and water management, water recycling, and incentives for the industry—would be duly considered in accordance with the current needs of the sector. However, Mrs Bordikar remained non-committal on the issue of rationalising stamp duty in Maharashtra. She added that while no immediate promises could be made on that front, the government is committed to doing its best for progressive infrastructure development, which it is already actively pursuing.
The State of Maharashtra is also prioritising sustainable development to address water scarcity. Plans include revamping water resources and ponds for improved yield. With support from the central government, Maharashtra is also focusing on river connectivity and extending subsidies for primary infrastructure and basic amenities.
Mrs. Smita Patil, President of MAHI, NAREDCO, urged the state government to extend comprehensive policy support to the real estate industry so that existing gaps are addressed and collaboration between the government and stakeholders can drive inclusive growth in infrastructure and housing.
Dr Hiranandani, in his remarks, emphasised that the housing and real estate sector must grow at a rate of at least 15 per cent annually for India to achieve developed-nation status well before the targeted year of 2047.
Mr. Prashant Sharma, President of NAREDCO Maharashtra, said, “We welcome the government’s commitment to progressive, infrastructure-led policies. What the sector needs is consistency, transparency, and ease of doing business to boost investor confidence. With a focus on town planning, water management, and sustainable growth, Maharashtra can cement its position as India’s leading real estate destination, and NAREDCO Maharashtra is ready to partner in this journey.”

The Government of Maharashtra will make every possible effort to frame infrastructure-related policies, including those that promote housing in the state, in line with changing requirements. This assurance was given by Mrs. Meghana Sakore Bordikar, Minister of State, Government of Maharashtra, while addressing the two-day NAREDCO 17th National Convention, “India Builds: Reimagining Growth through Real Estate and Infrastructure”. At the convention, Dr Niranjan Hiranandani, Chairman of NAREDCO, called for a new blueprint for infrastructure policies in the present context.The Minister assured that recommendations submitted to the state government at the conclusion of the convention—relating to new town planning, sewage and water management, water recycling, and incentives for the industry—would be duly considered in accordance with the current needs of the sector. However, Mrs Bordikar remained non-committal on the issue of rationalising stamp duty in Maharashtra. She added that while no immediate promises could be made on that front, the government is committed to doing its best for progressive infrastructure development, which it is already actively pursuing.The State of Maharashtra is also prioritising sustainable development to address water scarcity. Plans include revamping water resources and ponds for improved yield. With support from the central government, Maharashtra is also focusing on river connectivity and extending subsidies for primary infrastructure and basic amenities.Mrs. Smita Patil, President of MAHI, NAREDCO, urged the state government to extend comprehensive policy support to the real estate industry so that existing gaps are addressed and collaboration between the government and stakeholders can drive inclusive growth in infrastructure and housing.Dr Hiranandani, in his remarks, emphasised that the housing and real estate sector must grow at a rate of at least 15 per cent annually for India to achieve developed-nation status well before the targeted year of 2047.Mr. Prashant Sharma, President of NAREDCO Maharashtra, said, “We welcome the government’s commitment to progressive, infrastructure-led policies. What the sector needs is consistency, transparency, and ease of doing business to boost investor confidence. With a focus on town planning, water management, and sustainable growth, Maharashtra can cement its position as India’s leading real estate destination, and NAREDCO Maharashtra is ready to partner in this journey.”

Next Story
Building Material

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Next Story
Building Material

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Next Story
Building Material

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App