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Varun Singh, is a Senior Journalist who has extensively covered the Real Estate Sector for over one and half decade. His articles, insights, and opinion on the sector are widely read.

Toll Fees Waiver for LMVs, ₹250 Crore, nothing in front of relief for MMR citizens

The Maharashtra government has announced the waiver of toll fees for light motor vehicles at five entry points into Mumbai, effective Tuesday. This decision is expected to lead to an annual revenue loss of ₹250 crore, yet the government prioritizes the relief it offers to citizens, aiming to enhance traffic flow and support local businesses.
CA Shailesh Dedhia, BJP Mumbai Professional Cell President, has urged PM Modi to repeal the probate requirement affecting only certain communities in Mumbai, Kolkata, and Chennai.

Maharashtra Government Allocates ₹8,100 Crore for PMAY (Urban) 2.0

The Maharashtra government has announced an allocation of ₹8,100 crore for the implementation of Pradhan Mantri Awas Yojana (Urban) 2.0. This initiative aims to provide affordable housing to urban residents, offering financial subsidies to eligible homebuyers. To qualify, applicants must not own any residential property in the country

CapitaLand India Trust Achieves 5-Star Rating in 2024 GRESB Real Estate Assessment

CapitaLand India Trust has earned a 5-star rating in the 2024 GRESB Real Estate Assessment, placing it among the top 20% globally. This achievement underscores its commitment to sustainability and responsible business practices, with a focus on reducing carbon emissions and increasing the use of renewable energy.

No More Toll Charges for Light Motor Vehicles Entering Mumbai

Effective tonight, Light Motor Vehicles entering Mumbai will no longer be subject to toll charges at five key locations. This decision by the Maharashtra government aims to alleviate the financial burden on daily commuters, responding to long-standing demands from the public.
CIDCO

CIDCO Receives 12,000 Applications for Its Lottery in 24 Hours

CIDCO’s “My Preferred CIDCO Home” scheme has seen an unprecedented response, with 12,400 applications submitted in the first 24 hours. Designed for Economically Weaker Sections and Low-Income Groups, this initiative offers a total of 67,000 homes in Navi Mumbai, highlighting the public’s confidence in CIDCO’s housing projects. Registration is open until November 11.