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Maharashtra Cabinet Clears ₹2,000 Crore HUDCO Loan for Smart Urban Upgrades

  • Writer: Ajjay Bhagyakar
    Ajjay Bhagyakar
  • Sep 13
  • 2 min read

Sources: Times of India

 Sources: Times of India
 Sources: Times of India

Maharashtra’s Game-Changing Push for Urban Infrastructure

In a landmark move, the Maharashtra cabinet has approved a ₹2,000 crore loan from HUDCO under the Urban Infrastructure Development Loan Scheme. This infusion of funds is set to fast-track water, sewage, and sanitation projects across key urban areas, powered by a strong government guarantee to ensure smooth execution.The Times of India+1

Funding Breakdown: Where the Money’s Going

Project Location

Sector

Allocation

Chhatrapati Sambhajinagar

Water Supply

₹822.22 crore

Nagpur Metropolitan Region

Sewage Projects

₹268.84 crore

Mira Bhayandar

Water Supply

₹116.28 crore

These projects align with flagship initiatives like AMRUT 2.0, Swachh Bharat Mission 2.0, and more—ensuring they stay on track without funding gaps.The Times of India+1

Why This Matters for Real Estate and Urban Growth

  • Revitalized Civic Infrastructure: Upgraded water and sanitation systems mean enhanced livability—boosting property value and attracting investments.

  • Developer Momentum: Streamlined urban amenities pave the way for premium housing and commercial developments in emerging hubs like Mira Bhayandar.

  • Investor Magnet: Projects backed by central & state schemes offer stability and credibility—perfect for long-term planners and institutional real estate players.

A Boost for Everyone: From Residents to Commuters

  • Residents in Chhatrapati Sambhajinagar and Mira Bhayandar can expect improved water access and everyday convenience.

  • Nagpur gets a more robust sewage infrastructure—crucial for public health, urban cleanliness, and sustainable growth.

  • Overall, these investments spell better urban planning, attracting talent, business, and future growth in MMR and beyond.

This ₹2,000 crore HUDCO loan isn’t just another line item in state financing—it’s a catalyst for smarter, healthier, and more livable cities. For Griha Realty readers and stakeholders, it’s a powerful signal: Regional infrastructure just went from stalled to soaring.


 
 
 

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