Tag: Maharashtra

IndustryLatest Stories

Property Owners Hope for Regularisation as Maharashtra Scraps Act

PUNE: Thousands of property owners under the Pune Municipal Corporation (PMC) and other civic bodies are expected to receive relief as the government has repealed the Maharashtra Prevention of Fragmentation and Consolidation of Holdings Act (amended in 2015), commonly referred to as the Tukde Bandi law. This legislation imposed restrictions on subdividing land into smaller plots. Revenue Minister Chandrashekhar Bawankule announced during a recent assembly session that the state will now regularize land divisions of up to one guntha (1,089 square feet) made before January 1, 2025. This change will allow property owners to obtain registrations, building permits, and legal…

Latest StoriesResidential

Maharashtra Housing Policy: Homes for All, Slum-Free State

Representative image created by AI MUMBAI: The Maharashtra government’s new housing policy, “My House, My Right,” aims to provide affordable housing for all, redevelop older buildings, and transform slums through public-private partnerships. A Government Resolution for this policy was approved by the state cabinet in May and was released by the Housing Department on Wednesday. The government anticipates an investment of Rs 70,000 crore during the policy’s implementation. With a focus on “Housing for All,” the policy aims for a slum-free state, prioritizing economically weaker, lower-income, and middle-income groups. The government plans to construct 3.5 million houses over five years,…

Latest StoriesRegulatory

SC Approves Adani Cementation’s Removal of 158 Mangrove Trees

(Representative Image) The Supreme Court has upheld the Bombay High Court’s decision allowing Adani Cementation to remove 158 mangrove trees for the construction of a jetty project along the Amba River in Maharashtra’s Raigad district. This project, which occupies an area of 1.26 hectares within the Coastal Regulation Zone (CRZ) designated for mangrove forests, is intended to facilitate the transportation of cement and other materials via waterways, alongside a conveyor corridor and access road to support a cement grinding and fly ash processing unit and a backup storage unit in Shahapur and Shahabaz. It aims to meet the increasing cement…

Latest StoriesResidential

Housing Societies Face NA Tax Dilemma Without State Resolution

PUNE: Nearly ten months after the state cabinet announced the abolition of the non-agricultural (NA) tax for urban housing societies, confusion continues due to the lack of a formal government resolution (GR). The management of housing societies across the state is uncertain whether to keep paying the tax until official guidelines are issued. The cabinet, led by Eknath Shinde, approved the removal of the NA tax in October 2024, just before the state assembly elections, aiming to relieve residents in urban areas like Pune and Mumbai who have been paying both property tax and NA tax. Housing societies have since…

InfrastructureLatest Stories

Maharashtra Govt Approves Loan Guarantee for Six Metro Projects

MUMBAI: The Maharashtra government has approved a loan guarantee for six Metro projects managed by the Mumbai Metropolitan Region Development Authority (MMRDA), securing continued funding from international financial institutions for ongoing construction. The projects include Metro Lines 5 (Thane-Bhiwandi-Kalyan), 6 (Swami Samarth Nagar-Vikhroli), 9 (Dahisar East-Mira Bhayandar), 10 (Gaimukh-Shivaji Chowk, Mira Road), 11 (Wadala-CSMT), and a 3.3-km underground extension of Metro Line 7 from Gundavali to the international airport via Marol. Many of these projects are either under construction or in advanced planning stages, necessitating significant investment due to their complex elevated and underground structures. This proposal received approval during…

InfrastructureLatest Stories

783 CRZ Buildings Notified, 44 Demolished: Maharashtra Minister

MUMBAI: A total of 783 buildings in coastal regulation zone (CRZ) areas across 10 civic wards have been served showcause notices, with 44 structures already demolished, according to state revenue minister Chandrashekhar Bawankule. Some cases are currently in court. A statement presented to the legislative council regarding the forged map scandal, brought to light by citizen Vaibhav Thakur, revealed that the special investigation team (SIT) formed at the request of the Bombay High Court has arrested 23 individuals, with three more still at large. Of those arrested, 12 are private citizens, two are officers, seven are employees, and two are…

IndustryLatest Stories

Maharashtra Extends Nazul Land Amnesty Scheme for One Year

NAGPUR: The Maharashtra government has decided to extend its special amnesty scheme for nazul land leases for another year. This move comes after Nagpur Central MLA Pravin Datke emphasized the positive public feedback and significant revenue generation from the scheme. The extension was confirmed during a meeting led by Revenue Minister Chandrashekhar Bawankule at the state legislature on Thursday. Initially launched on March 16, 2024, the scheme enables residents in the Nagpur and Amravati regions to convert nazul land leases into permanent Class-1 ownership rights by paying only 2% of the current market rate, a decrease from the previous 5%.…

Latest StoriesRera

Maharashtra Minister: RERA Can Act Against Developers

MUMBAI: Maharashtra Minister Uday Samant informed the assembly on Thursday that the Real Estate Regulatory Authority (RERA) has the authority to enforce actions against developers for any violations. Responding to a calling attention motion raised by MLA Gajanan Lavate, he emphasized that registration under RERA is a mandatory requirement for all developers. Complaints concerning building permissions in the Akot Municipal Council area were addressed during a hearing on December 7, 2022, held at the Akola District Collector’s office. The minister mentioned that the applicant requested construction permission on March 31, 2021, including documents related to land demarcation (gunthewari) from 2007-08.…

IndustryLatest Stories

Maharashtra panel suggests 10% extra area for self-redevelopment

MUMBAI: A government-appointed committee has proposed a 10% increase in carpet area for residents of housing societies who choose the self-redevelopment scheme, aiming to encourage self-redevelopment. Self-redevelopment allows residents to manage the construction of their own buildings without a builder, retaining all construction benefits and profits that would normally go to developers. On Monday, BJP MLC Pravin Darekar submitted the committee’s report to Chief Minister Devendra Fadnavis at a function in Vidhan Bhavan. The recommendations will be passed on to the departments of housing, cooperatives, and urban development. “The proposal will be endorsed by the cabinet based on departmental suggestions.…

IndustryLatest Stories

Maharashtra: No tolerance for illegal constructions, warns deputy CM

MUMBAI: Deputy Chief Minister Eknath Shinde stated in the legislative assembly on Monday that the Maharashtra government will not endorse any illegal constructions and will impose strict penalties on officials found complicit in permitting such structures. Responding to a question from Parag Alavani (BJP) during the Question Hour, Shinde announced that instructions will be given to the Brihanmumbai Municipal Corporation (BMC) commissioner to compile a detailed inventory and categorization of illegal constructions in Mumbai. “Any officer found protecting illegal constructions will face strict action,” warned Shinde, who oversees urban development and housing. Members including Yogesh Sagar, Jitendra Awhad, Dilip Walse…