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Real Estate is Pivotal to Maharashtra’s Economic Growth

Hon’ble Deputy Chief Minister of Maharashtra, Shri Eknath Shinde said real estate contributes significantly to national GDP & is pivotal to Maharashtra’s economy.

BY Realty+
Published - Monday, 09 Jun, 2025
Real Estate is Pivotal to Maharashtra’s Economic Growth

Speaking at the real estate event, Hon’ble Deputy Chief Minister of Maharashtra, Mr. Eknath Shinde said, “Maharashtra is not just a state of prosperity—it is a state of possibilities. The state will contribute $1 trillion towards India’s goal of becoming a $5 trillion economy. Real estate plays a pivotal role in Maharashtra’s economic growth, contributing significantly to the nation’s Gross Domestic Product (GDP) and employment.

Reflecting on his tenure, he highlighted the rapid pace of development achieved in Mumbai and assured that a similar model would now be implemented in Pune. He mentioned that if we want to deliver affordable housing to the common man, we have to empower developers. Through reforms like Unified DCPR, stamp duty relief, and infrastructure upgrades, Maharashtra can become an investment magnet.

He also emphasized that by bringing together all key stakeholders—including the bureaucracy—he aimed to ensure that every part of the system works in sync and moves forward together.

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