Maha budget stresses urban dev, real estate, EV charging

08 Mar 2021 CW Team

Maharashtra’s Deputy Chief Minister and finance minister, Ajit Pawar, today, presented the annual budget with a revenue deficit of Rs 10,226 crore in the state Legislative Assembly. With the budget, Pawar announced initiatives like electric vehicle charging stations on major highways and free bus rides for girl students. Announced on the occasion of Women’s Day, the budget also proposed a concession in stamp duty by 1 % over the prevailing rate exclusively for women.

The Maha Budget gave a big boost to the overall infrastructure especially for the western suburb region which is aimed to enhance seamless connectivity across the city. Other announcements directed at pushing real estate, and creating major opportunities for construction and infrastructure industries were also tabled at the session.

With an estimated tax revenue of Rs 2,18,263 crore, the budget includes revised estimates of Rs 1,84,519 crore on account of the goods and services tax (GST), value added tax (VAT), central sales tax (CST), profession Tax (PT) and other taxes.

Here are some of the key highlights of the Maha Budget 2021-22:

1. Concession in stamp duty by 1 % over the prevailing rate only for women, provided the transfer of house property or registration of sale deed is in the name of women.
2. Electric vehicle charging stations to be set-up on major highways (Mumbai -Pune, Mumbai-Goa, Mumbai-Nashik).
3. Allocation of Rs 8,420 crore for the urban development department.
4. Allocation of Rs 2,533cr for water supply and sanitation.
5. New ring road to be made in Pune.
6. Providing 1,500 hybrid buses for girl students to go to schools.
7. Free travel on MSRTC buses for girl students in rural Maharashtra.
8. Allocation of Rs 400 crore for Balasaheb Thackeray memorial at Shivaji Park.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..