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Maharashtra State Budget 2025 Will Enhance Property Values

Gulam Zia, Senior Executive Director, Research, Advisory, Infrastructure and Valuation, Knight Frank India expert views on the Maharashtra State Budget 2025.

BY Realty+
Published - Tuesday, 11 Mar, 2025
Maharashtra State Budget 2025 Will Enhance Property Values

The Maharashtra State Budget 2025 lays a strong foundation for the state’s real estate and infrastructure ecosystem, creating an enabling environment for long-term urban expansion and economic resilience. The substantial Rs 64,000 crore investment in Mumbai’s infrastructure, including road, metro, and transport network enhancements, will not only decongest key corridors but also open up new growth nodes for residential and commercial development.

The expansion of metro networks, with 41.2 km in Mumbai and 23.2 km in Pune and Nagpur, will significantly improve intra-city mobility, strengthening demand in emerging real estate corridors and making transit-oriented development more viable. Beyond connectivity, the budget’s focus on sustainable urban growth is evident in the Rs 8,200 crore allocated for urban wastewater recycling and the Rs 19,300 crore for irrigation projects, reinforcing water security for expanding urban clusters. The Rs 1,500 crore set aside for the Dharavi redevelopment project further underscores the government’s commitment to inclusive housing and slum rehabilitation, critical for Mumbai’s urban landscape.

Additionally, the push to upgrade 7,000 km of roads to cement roads, coupled with large-scale industrial and logistics infrastructure expansion, will facilitate smoother business operations, attracting corporate occupiers and fueling commercial real estate growth. The alignment of infrastructure investments with real estate market dynamics will be crucial in shaping Maharashtra’s urban future.

By strengthening connectivity, promoting sustainability, and enabling large-scale housing and commercial developments, the 2025 budget fosters a well-integrated ecosystem that will enhance property values, attract investment, and support Maharashtra’s position as a premier economic and real estate hub.

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