Maharashtra?s new housing policy to be released before elections
Real Estate

Maharashtra?s new housing policy to be released before elections

Maharashtra?s new housing policy will be introduced before the upcoming Assembly elections, said Deputy Chief Minister Devendra Fadnavis. Speaking at the launch of a coffee table book titled ?Nave Kshitij?, organised by Marathi daily Loksatta, Fadnavis highlighted that the state's slum redevelopment proposal, concerning land owned by the airport authority and railways, is in its final stages and is expected to receive clearance soon.

If approved, the proposal could unlock 80 to 100 acres of land. While part of this land would remain under the control of the railway and airport authorities, a portion would be allocated to the state government for housing projects.

Fadnavis emphasised that the new housing policy would address various aspects to improve quality of life, including comprehensive town planning, infrastructure, basic amenities, drinking water, and sewage disposal. He also noted that significant parcels of underutilised central government land have been encroached upon illegally, and slum redevelopment on these lands could free up space for both central and state use.

Highlighting the challenges faced by Mumbai, Fadnavis remarked that the city was at risk of losing its prominence, with companies in the information technology sector favouring Bengaluru and Chennai. He credited the current government with revitalising Mumbai through major infrastructure projects, providing the city with a renewed sense of growth and opportunity. (IE)

Maharashtra?s new housing policy will be introduced before the upcoming Assembly elections, said Deputy Chief Minister Devendra Fadnavis. Speaking at the launch of a coffee table book titled ?Nave Kshitij?, organised by Marathi daily Loksatta, Fadnavis highlighted that the state's slum redevelopment proposal, concerning land owned by the airport authority and railways, is in its final stages and is expected to receive clearance soon. If approved, the proposal could unlock 80 to 100 acres of land. While part of this land would remain under the control of the railway and airport authorities, a portion would be allocated to the state government for housing projects. Fadnavis emphasised that the new housing policy would address various aspects to improve quality of life, including comprehensive town planning, infrastructure, basic amenities, drinking water, and sewage disposal. He also noted that significant parcels of underutilised central government land have been encroached upon illegally, and slum redevelopment on these lands could free up space for both central and state use. Highlighting the challenges faced by Mumbai, Fadnavis remarked that the city was at risk of losing its prominence, with companies in the information technology sector favouring Bengaluru and Chennai. He credited the current government with revitalising Mumbai through major infrastructure projects, providing the city with a renewed sense of growth and opportunity. (IE)

Next Story
Infrastructure Urban

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Next Story
Infrastructure Urban

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Next Story
Infrastructure Transport

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement