NEW DELHI: Maharashtra is committed to developing infrastructure-related policies, including housing initiatives that adapt to evolving needs, as stated by Meghana Sakore Bordikar, Maharashtra’s Minister of State.
She made these remarks during the Naredco 17th National Convention in Delhi.
Niranjan Hiranandani, Chairman of Naredco, stressed that the housing and real estate sectors must expand at a minimum rate of 15% annually if India aims to achieve developed-nation status before the 2047 target year.
Bordikar did not confirm any plans regarding the reduction of stamp duty in Maharashtra. She noted that while no immediate commitments can be made in that area, the government is dedicated to furthering progressive infrastructure development actively.
Maharashtra is focusing on sustainable development to combat water scarcity, with plans to improve water resources and ponds for better productivity.
Smita Patil, President of Naredco-MAHI, appealed to the state government for inclusive policy support for the real estate sector to bridge existing gaps and foster collaboration for comprehensive growth in infrastructure and housing.
