Browsing Tag

urban development

30 posts
Maharashtra budget

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.

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.
Bharat Nagar

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.
MHADA

MHADA Reclaims Eight Acres of Encroached Land in Juhu-Andheri

MHADA has reclaimed eight acres of encroached land in Juhu-Andheri following a Bombay High Court order. Unauthorized structures were cleared after the court denied a stay on their removal. The land, originally part of a slum rehabilitation project, was found ineligible for redevelopment. Despite ongoing litigation, illegal sheds were erected, prompting MHADA to take action. The clearance drive was carried out under official directives to enforce land reclamation and urban planning regulations.
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.