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Maharashtra CM Questions Rising Mumbai Housing Prices Despite Concessions

Devendra Fadnavis MUMBAI: Chief Minister Devendra Fadnavis expressed his concerns on Thursday regarding the rising prices of flats in Mumbai, despite various concessions offered to the real estate sector, including reduced premiums. At a meeting with CREDAI-MCHI, Fadnavis stated, “Over the past decade, we have made every effort to make housing more affordable based on your requests. However, despite these measures, housing prices have continued to climb. We believed that projects like the coastal road and Atal Setu would lead to lower prices, but instead, prices have soared.” While acknowledging that increasing housing prices can positively impact the economy, Fadnavis…

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CM: Split Dharavi Land for Rehab Units and For-Sale Homes

Certainly! Here’s a rewritten version of your content: Representative image created by AI MUMBAI: Chief Minister Devendra Fadnavis has instructed the Dharavi Redevelopment Project (DRP) to enhance the size of rental tenements to 350 sq ft for residents not eligible for free housing and rehabilitation within the Dharavi notified area. For residents of planned buildings, the size will increase from 405 sq ft to 500 sq ft, as revealed by an RTI application regarding a meeting held on May 28. He also instructed the DRP to ensure that land in Dharavi be evenly split between the rehabilitation section and the…

InfrastructureLatest Stories

Maharashtra CM Advocates Housing Near Metro Terminals

NAGPUR: Chief Minister Devendra Fadnavis, while reviewing 30 key infrastructure projects across the state on Monday, advocated for housing initiatives near Metro corridor terminals to optimize land use and improve last-mile connectivity in urban planning. “Housing colonies should be developed next to Metro endpoints to truly leverage our transport infrastructure,” Fadnavis stated during a meeting at the state secretariat. “We have both the technology and resources. These projects should be completed within three years,” he emphasized. The meeting, part of an ongoing series in the Chief Minister’s War Room, involved top bureaucrats and district-level officials via videoconference. This was the…

InfrastructureLatest Stories

CM directs UDD to fast-track Maan-Mhalunge TP scheme clearance

PUNE: During a recent review meeting on civic and infrastructure matters, Chief Minister Devendra Fadnavis directed the urban development department to expedite the clearance of the Maan-Mhalunge town planning scheme in Hinjewadi, according to senior officials from the Pune Metropolitan Region Development Authority (PMRDA). “The CM specifically instructed department officials to address the delays and ensure the proposal is processed without further setbacks,” said a senior PMRDA official who attended last week’s meeting. The PMRDA has received technical approval for four of the six proposed town planning schemes from the urban development department (UDD), but government notifications are still awaited.…

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Maharashtra CM to Seek Bombay HC Nod for Slum Rehab on Forest Land

File Photo MUMBAI: The state government is planning to petition the Bombay High Court for permission to undertake slum rehabilitation on portions of forest land currently occupied by slums. Chief Minister Devendra Fadnavis stated on Wednesday that any remaining land will be dedicated to forest regeneration. This statement came while he addressed queries concerning the implementation of postpaid smart meters for electricity consumption during a motion in the state legislative council. BJP’s Pravin Darekar highlighted that numerous slum households situated between Goregaon and Dahisar, as well as in Thane, occupy forest land, including private forest areas. He noted that these…

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Maharashtra CM to Inaugurate BDD Flats in Worli on July 21

Representative image created by AI MUMBAI: Chief Minister Devendra Fadnavis is set to distribute keys for the first batch of BDD flats in Worli on July 21, shortly after the conclusion of the legislative session. Plans for a function have been made where the CM will hand over several keys. Milind Borikar, Chief Officer of the Mumbai Board at Mhada, stated that 556 flats, each with a carpet area of 500 sq ft, will be allocated in this initial phase. “By the end of the year, we anticipate receiving 3,989 flats across three sites,” Borikar added. While preparing to hand…