The Maharashtra government has sought tax concession from the Centre for its slum rehabilitation programme in the state, according to industry body NAREDCO.
Housing and Urban Affairs Minister Hardeep Singh Puri has asked Maharashtra's Housing Minister Jitendra Awhad to submit a note in this regard for further discussion in the sanctioning committee on an urgent basis, realtors' body NAREDCO (West) said in a statement.
Puri was responding to a submission by the state cabinet minister seeking extended support from the Centre for the Maharashtra government's slum redevelopment programme, it added.
Puri and Awhad were speaking at the 'Change of Guard' event organised by the National Real Estate Development Council (NAREDCO)'s West Zone to welcome new President Ashok Mohanani and felicitate past president Rajan Bandelkar.
Mohanani, who is the chairman of Mumbai-based Ekta World, said NAREDCO West would form a consortium of developers from tier II and III cities of Maharashtra for availing funds from banks and NBFCs for their projects.
A new high in the sky, domestic travellers touch 143,811: Hardeep Puri
Estimated 9,488 pilots required in next five years: Hardeep Singh Puri
Air India's Q1FY21 net loss stands at around Rs 2,570 crore: Puri
Over 1.5 mn people returned under Vande Bharat mission: Hardeep Singh Puri
Domestic flight operations continue to soar, says Hardeep Singh Puri
Govt yet to take a call on challenging Vodafone tax arbitration award
FCI, state procurement agencies purchase 4.85 mn tonnes of paddy so far
Govt extends 50% subsidy on fruits, vegetables handled through Kisan Rail
Yield on 10-yr state govt bonds eases by 26 bps after RBI's intervention
Cabinet to soon consider new public sector enterprises policy: Report
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)