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Maharashtra Government

24 posts

Maharashtra Government Allocates Land in Bandra Reclamation for Ajinkya Rahane’s Cricket and Sports Training Center

The Maharashtra government has allocated 2,000 square meters of land in Bandra Reclamation to cricketer Ajinkya Rahane for a Cricket and Sports Training Center. The revised resolution, approved on October 14, 2024, expands the facility’s scope beyond cricket and aligns construction with DCPR 2034 guidelines.

Maharashtra Government Revises Urban Tribal Settlement Improvement Scheme

The Maharashtra government has revised the Nagari Adivasi Vasti Sudharana Yojana, removing the ₹25 lakh funding cap for urban tribal settlements. Now, financial assistance will be based on project quality and municipal requirements, with approvals granted by the state government. The scheme aims to improve infrastructure and living conditions for tribal communities across Maharashtra.
India's real estate sector witnessed record land acquisitions worth ₹39,742 crore in 2024

Govt to Allow Conversion of Leasehold Land to Freehold at 25% Above Ready Reckoner Rate

The Maharashtra government has issued a final notification allowing leasehold and Occupancy Class II lands to be converted to freehold upon payment of a premium of up to 25% of the Ready Reckoner rate. The revised premium rates, applicable until December 31, 2025, aim to grant full ownership rights to individuals, housing societies, and industries.
Mumbai

Mumbai Skyline Redefined: Maharashtra Considers Raising Building Height Cap to 180 Metres

The Maharashtra government has proposed raising Mumbai’s high-rise building height limit from 120m to 180m, allowing structures up to 60 floors. Real estate experts support the move, citing growth, sustainability, and improved urban planning.
MHADA

MHADA to Build 8 Lakh Homes in 5 Years Under Affordable Housing Plan

MHADA will construct 8 lakh affordable homes by 2030, aligning with NITI Aayog’s recommendations. Deputy CM Eknath Shinde announced the plan during a housing lottery event in Thane, where 2,147 homes and 117 plots were allotted. The government is also introducing a new housing policy, focusing on rental housing, hostels, and redevelopment projects to expand affordable housing options.