SHF Urges Maharashtra for 5% Premium Cut to Enable Freehold Government Land
Real Estate

SHF Urges Maharashtra for 5% Premium Cut to Enable Freehold Government Land

The Slum Rehabilitation Society (SHF) is urging the Maharashtra government to reduce premiums to 5% in order to facilitate the conversion of government land to freehold status. This call aims to streamline land ownership processes and promote development initiatives across the state.

SHF's proposal seeks to address the challenges associated with acquiring government land for development projects. By advocating for a reduction in premiums, the society aims to make the conversion process more accessible and cost-effective for stakeholders involved in urban development.

The move towards freehold status for government land is expected to unlock new opportunities for infrastructure development and affordable housing projects. It could also incentivize private investment in real estate and infrastructure sectors, driving economic growth and job creation in Maharashtra.

SHF's advocacy underscores the importance of proactive policy measures to stimulate urban development and address housing challenges in Maharashtra. By facilitating the conversion of government land to freehold status, the state government can catalyse sustainable development and improve the quality of life for its residents.

Overall, SHF's proposal for a 5% premium reduction reflects a proactive approach to addressing land ownership issues and promoting inclusive urban development in Maharashtra. It highlights the importance of collaborative efforts between government authorities and civil society organisations to unlock the full potential of land resources for the benefit of society.

The Slum Rehabilitation Society (SHF) is urging the Maharashtra government to reduce premiums to 5% in order to facilitate the conversion of government land to freehold status. This call aims to streamline land ownership processes and promote development initiatives across the state. SHF's proposal seeks to address the challenges associated with acquiring government land for development projects. By advocating for a reduction in premiums, the society aims to make the conversion process more accessible and cost-effective for stakeholders involved in urban development. The move towards freehold status for government land is expected to unlock new opportunities for infrastructure development and affordable housing projects. It could also incentivize private investment in real estate and infrastructure sectors, driving economic growth and job creation in Maharashtra. SHF's advocacy underscores the importance of proactive policy measures to stimulate urban development and address housing challenges in Maharashtra. By facilitating the conversion of government land to freehold status, the state government can catalyse sustainable development and improve the quality of life for its residents. Overall, SHF's proposal for a 5% premium reduction reflects a proactive approach to addressing land ownership issues and promoting inclusive urban development in Maharashtra. It highlights the importance of collaborative efforts between government authorities and civil society organisations to unlock the full potential of land resources for the benefit of society.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement