CSR Funds to Fuel Affordable Homes in Maharashtra

Under its 2025 Housing Policy, Maharashtra has opened a new door for corporate participation by enabling CSR funds to support housing for the urban poor, migrants, women, and other vulnerable groups. Through a proposed CSR-Housing Development Board and incentives for green, rental, and inclusive projects, the state aims to transform its housing landscape in partnership with the private sector.

Maharashtra’s Revolutionary Housing Policy 2025 Approved: 35 Lakh Homes, AI Portal, Focus on Slum Redevelopment

The Maharashtra Cabinet has approved the State Housing Policy 2025, targeting 35 lakh affordable homes by 2030 with an investment of ₹70,000 crore. The policy includes a centralized AI-based housing portal, cluster redevelopment of slums, land bank creation, and dedicated housing plans for various segments including working women, students, and industrial workers. Deputy CM Eknath Shinde described it as a transformative step for housing and the state’s economic growth.

Oberoi Realty Clocks Rs 970 Crore in Bookings for New Goregaon Tower

Oberoi Realty has achieved Rs 970 crore in bookings for its latest launch—Elysian Tower D—at Oberoi Garden City in Goregaon. With premium 3 and 4-BHK residences and a ready urban ecosystem, the project highlights Mumbai’s growing appetite for integrated luxury living.

Supreme Court Clears Redevelopment of Bharat Nagar Slum in Bandra

The Supreme Court has ruled in favor of the redevelopment of Bharat Nagar slum in Bandra, dismissing objections raised by certain residents. The judgment confirms that the area qualifies for redevelopment under the Slum Rehabilitation Authority (SRA) regulations. Saarathi Realtors played a significant role in overcoming legal challenges, ensuring that the project can proceed without further delays.

Will BJP’s Continued Rule Accelerate Slum Redevelopment in Mumbai?

With the BJP-led government re-elected in Maharashtra, industry leaders are optimistic that the continuity in leadership will accelerate Mumbai’s slum redevelopment projects. The focus on modernizing infrastructure and addressing the housing shortage is expected to drive significant economic growth and improve the city’s livability.