The Maharashtra government finally reduced the floor space index (FSI) for its ambitious rental housing project, bowing to the pressure from local civic bodies. The State Chief Minister Prithviraj Chavan has now revised the policy and reduced the FSI to three. Read more...

In order to aid the investors in their investment strategy, decision making, intimate knowledge about the country's commercial climate and information on approval processes in the state, the Government of Maharashtra is making innovative and novel efforts to ensure that these dreams are cherished, followed and fulfilled. Read more...

The Maharashtra Government has already taken up the issues that plague the state with India's Prime Minister, Dr. Manmohan Singh in great detail, however, these issues are inherently complex and the process to address them is a difficult one, considering the financial and socio-political ramifications. Read more...

Maharashtra government will pursue with the Centre to implement the proposed coastal road project in Mumbai, the State Chief Minister Prithviraj Chavan has said. The 35 km-long eight-lane expressway is expected to cost Rs 8,000 crore. Read more...

Western Railways (WR) has received an in-principal approval from the Maharashtra government for Rs 210 billion (around Rs 21,000 crore) Churchgate-Virar Elevated Rail Corridor Project between Oval Maidan and Virar in Mumbai. Read more...

Construction of the international airport in Navi Mumbai will witness further delay as a high- level Environment Ministry panel has sought more details from the project proponents about the forest area to be diverted for its execution. The Forest Advisory Committee (FAC). Read more...

In Maharashtra, long-neglected roads may soon get a facelift. After rejecting pleas for funds under Pradhan Mantri Gram Sadak Yojana (PMGSY) till last year, arguing that the state had 100 per cent connectivity, the Centre has finally accepted its demand for funds to improve condition of roads in rural areas. With this, the Union government accepts demand for new guidelines to allocate funds to repair/rebuild 12,650 km of roads laid 40 years ago. Read more...

Vidarbha that was in the limelight for all the wrong reasons, right from being at the focal point of the irrigation scam, and the farmer suicides, has finally found critical acclaim on the national front. The region, in a recently held Advantage Vidarbha 2013, has garnered around Rs 18,000 crore worth Memorandum of Understandings (MoUs) where as many as 25 companies have depicted a keen interest in the region. Read more...

Reiterating that the Maharashtra government is committed to complete the Navi Mumbai international project on priority basis, the State CM,Prithviraj Chavan reviewed the progress of work on the project.Chavan was informed about the delay in resolving the compensation package to the project affected farmers with whom several rounds of talks was being held earlier. Read more...

The nodal agency for the development of Navi Mumbai International Airport (NMIA), City and Industrial Development Corporation (Cidco) has made a fresh offer of a compensation of Rs 3.50 crore per hectare or 22.5 per cent developed land to the project affected persons (PAPs).PAPs have sought time to consider Cidco's new proposal before they can respond. Read more...