Maharashtra government invites real estate developers to develop 13,000 acres of MSRTC-owned land across prime locations including Mumbai, Pune, Nashik, and Nagpur under a Build-Operate-Transfer model with 98-year leases, aimed at generating revenue and modernizing public transport infrastructure.

Maharashtra legalizes subdivided land parcels formed before Jan 1, 2025, benefiting 50 lakh families. Historic policy reform ends 77-year-old restrictions on small plots, enabling registration and development permissions.RetryClaude can make mistakes. Please double-check responses.

The Maharashtra government is unlocking 3,360 acres of MSRTC land for commercial and residential development, creating new real estate opportunities across the state.

The Bombay High Court held that the state deserves a fair return on its land in a landmark decision. Justices B P Colabawalla and Somasekhar Sundaresan stressed that leasing rates need not be cheap if they fail to cover inflation, administration fees, and escalation.