Tag: Devendra Fadnavis

Latest StoriesResidential

Nagpur Launches 910 Affordable Homes in Two Housing Projects

NAGPUR: Union Minister Nitin Gadkari and Chief Minister Devendra Fadnavis inaugurated projects worth nearly Rs 673 crore throughout Maharashtra, particularly highlighting Nagpur. These initiatives focus on affordable housing and railway infrastructure, revealed during two events in the city. A key moment was the bhoomipuja for two housing projects by the Nagpur Municipal Corporation (NMC) at Mouza Nari, involving a total investment of Rs 188.77 crore. This includes the Rs 91.45 crore Maharshi Sudarshan Balmiki Vasahat, a housing colony for sanitation workers, and the Rs 97.32 crore Swapnapurti project under Pradhan Mantri Awas Yojana (Urban) 2.0, catering to economically weaker section…

IndustryLatest Stories

Maharashtra to Revise Leasehold Land Records in Three Months

PUNE: Revenue Minister Chandrashekhar Bawankule has initiated a statewide effort to correct revenue records for government leasehold land. This action follows the identification of numerous cases where leaseholders have been improperly categorized as “occupants,” enabling them to make illegal claims on valuable public land. District collectors have been instructed to review these entries and update the records within three months. This directive comes in the wake of findings by the Vikas Kharge committee, which investigated land irregularities in Pune’s Mundhwa area. The committee highlighted widespread record manipulation and recommended significant reforms to protect public property. These findings were presented to…

CommercialLatest Stories

Air India Repairs to Cost ₹181 Crore, Last Six Months

MUMBAI: The state government plans to invest approximately ₹181 crore to renovate and repair the recently acquired 22-storey Air India building located at Nariman Point. Officials estimate that the renovation will take around six months, after which state government offices will relocate to this building. The acquisition cost the state government about ₹1,601 crore. A structural audit conducted last week by the state public works department (PWD) indicated that substantial repairs and renovations are necessary. “We will issue two separate tenders—for construction and electrification. The tender process is currently in progress, and we aim to complete the renovation within six…

IndustryLatest Stories

Cycle of Encroachment and Housing Can’t Last Forever: CM

File Photo MUMBAI: In defense of the ongoing slum demolition initiative in the city, Chief Minister Devendra Fadnavis stated on Friday that the cycle of encroachment and government-provided housing cannot persist indefinitely. Responding to inquiries regarding the eviction of slum dwellers without the implementation of the Centre’s flagship Housing for All initiative, Fadnavis noted that Mumbai has seen the highest number of slum dwellers receive ownership homes in the past decade, and the government will continue this effort. However, he emphasized that the court has imposed certain conditions, stating that only eligible residents are to be allocated homes, while ineligible…

CommercialLatest Stories

Maharashtra Govt buys Air India Mumbai building for ₹1,601 Cr

File Photo MUMBAI: On Tuesday, the Maharashtra government officially acquired the renowned Air India building, a standout feature of Mumbai’s skyline, for Rs 1,601 crore. The agreement transfer between Air India Assets Holding Company and the state Public Works Department (PWD) was finalized in the presence of Chief Minister Devendra Fadnavis, following a cabinet meeting at ‘Mantralaya’, the state secretariat. Attendees included Deputy Chief Minister Sunetra Pawar, Tourism Minister Shambhuraj Desai, Public Works Minister Shivendrasinhraje Bhosale, Chief Secretary Rajesh Agrawal, Additional Chief Secretary (PWD) Milind Mhaiskar, Mumbai City Collector Anchal Goyal, and Air India officials. Built in 1974, the iconic…

InfrastructureLatest Stories

Uncertainty Surrounds 500+ Acre Land Deal for New Nagpur

NAGPUR: The rising land acquisition costs are becoming a significant challenge for the New Nagpur Project, which is positioned as a key urban expansion initiative by the Maharashtra government. The project originally aimed to acquire approximately 1,710 acres (around 692 hectares) of land. However, the Nagpur Metropolitan Region Development Authority (NMRDA) has indicated that around 500 to 600 acres remain uncertain for acquisition. According to senior officials at NMRDA, the initial land acquisition cost estimated at ₹3,000 crore has surged past ₹4,000 crore, with expectations of further increases. The Times of India was the first to report this rise of…

IndustryLatest Stories

MHADA Approves Consortium for 33-Acre Abhyudaya Nagar Project

The Maharashtra Housing and Area Development Authority (MHADA) has granted a letter of acceptance (LoA) to a consortium made up of M.G.N. Agro Properties, N.N.P. Buildcon, and Honest Shelters for the large-scale redevelopment of the Abhyudaya Nagar colony. This area spans 33 acres in Kalachowki, South Mumbai, and signifies a significant advancement in the city’s public housing renewal efforts. As part of the redevelopment initiative, residents currently residing in 210 sq ft tenements will receive new flats of 641 sq ft carpet area at no cost. This project will follow a Construction and Development (C&D) model managed by an appointed…

Latest StoriesResidential

Dharavi Residents to Receive 500-754 sq ft Rehab Flats

MUMBAI: Residents of chawls and buildings included in the Dharavi Redevelopment Project will receive rehabilitation flats ranging from a minimum of 500 sq ft to a maximum of 754 sq ft, free of charge. This initiative will benefit approximately 8,700 households within the Dharavi Notified Area, encompassing both chawls and housing societies. This decision follows directives issued by CM Devendra Fadnavis during a meeting last May, where he instructed the DRP to propose a minimum carpet area of 500 sq ft to the government for approval, accompanied by justifications. Consequently, the DRP submitted a proposal for a minimum carpet area…

IndustryLatest Stories

Devendra Fadnavis to Lead Maharashtra Business Summit 2026

MUMBAI: The inaugural Maharashtra Business Summit & Awards 2026, hosted by ETGovernment–The Economic Times, is set to take place on April 23–24 at the iconic Taj Lands End. This event promises to be one of the year’s most significant economic gatherings. Chief Minister Shri Devendra Fadnavis will be the Chief Guest, joined by various ministers, senior officials, global investors, industry leaders, and diplomats. This convergence of policy, capital, and global influence is rare and highly anticipated. Positioned as a pivotal platform at this vital juncture in Maharashtra’s economic landscape, the summit will gather influential decision-makers and business leaders to outline…

Latest StoriesResidential

Maharashtra CM Calls for Strong Affordable Housing System in Mumbai

File Photo MUMBAI: On Friday, Maharashtra Chief Minister Devendra Fadnavis directed the establishment of an effective system for affordable rental housing in Mumbai, along with the creation of a dedicated portal for public access. Recognizing the influx of individuals moving to Mumbai for employment and entrepreneurship, Fadnavis emphasized the pressing need for housing, asserting that the government must ensure the availability of rental properties at reasonable prices. He underscored the necessity for supply to meet demand and advocated for a coordinated approach to alleviate challenges faced by both landlords and tenants, as indicated in an official statement. Fadnavis also stressed…