NowAutomated System for Slum Survey and Eligibility Verification

The Maharashtra government has launched the Automated Annexure-II System to streamline slum dweller eligibility verification. This GIS-based technology aims to enhance transparency, eliminate delays, and ensure a fair rehabilitation process across Mumbai.

Maharashtra Government Allocates Rs 19.50 Crore for Mumbai Metro Line-5 Project

The Maharashtra Government has sanctioned ₹19.50 crore as a soft loan for the Mumbai Metro Line-5 (Thane-Kalyan-Bhiwandi) project under MMRDA. This funding aims to accelerate metro construction, improve urban transport connectivity, and facilitate economic growth in the region. The government has allocated this amount under the 2024-25 budget, ensuring smoother execution of this crucial infrastructure project.

Maha Govt Approves 15 Acres of Land for Pimpri-Chinchwad Police Infrastructure

The Maharashtra government has granted administrative approval for the acquisition of 15 acres of land in Wakad, Pune, for the expansion of the Pimpri-Chinchwad police infrastructure. This land will be utilized for the establishment of the Deputy Commissioner’s office, other administrative offices, and residential quarters for senior police officers. The move is aimed at enhancing law enforcement facilities in the rapidly growing urban region.

India’s Real Estate Sector Sees Record ₹ 39,742 Crore Land Acquisitions in 2024

India’s real estate market reached a new high in 2024, with developers acquiring ₹39,742 crore worth of land across 23 cities. The surge in residential projects, particularly in Tier 1 and emerging Tier 2 cities, highlights a shift in development strategies. JLL’s report emphasizes the growing demand for housing, investment trends, and the evolving financing landscape in India’s property market.

Maharashtra Budget 2024: Real Estate Sector Welcomes Infrastructure and Housing Push

The Maharashtra Budget 2024 has been well received by real estate and infrastructure leaders, with major investments in urban development, housing, and industrial expansion. CREDAI-MCHI hails the budget as a catalyst for economic growth, strengthening the Mumbai Metropolitan Region’s position as a key economic hub.