Browsing Tag

urban development

30 posts

15-Year Wait Ends for Siddharth Nagar (Patra Chawl) Residents as MHADA Conducts Lottery for 663 Homes in Goregaon

The 15-year-long wait for residents of Siddharth Nagar (Patra Chawl) in Goregaon (West) has finally ended, as MHADA conducted a computerized lottery for 663 rehabilitation tenements. Held under strict transparency measures, the allotment ensures rightful residents receive their homes. Possession begins on April 7, 2025, with continued rent compensation until May. MHADA has also approved a solar power system and gym equipment for the housing society, marking a new chapter for residents.
Maharashtra Government Adopts Automated System for Slum Survey and Eligibility Verification

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

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.
Maharashtra Government Approves 15 Acres of Land for Pimpri-Chinchwad Police Infrastructure

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 witnessed record land acquisitions worth ₹39,742 crore in 2024

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.