Realtors' body CREDAI-MCHI has said the Maharashtra government's budget will give a significant boost to real estate sector because of huge allocation for infrastructure development and focus on affordable housing. CREDAI-MCHI, which is part of CREDAI, represents real estate developers in the Mumbai Metropolitan Region (MMR). On March 10, Maharashtra Deputy Chief Minister Ajit Pawar, who holds the finance portfolio, tabled the state budget in the legislative assembly and announced a new industrial policy, focussing on Rs 40 lakh crore investment and generation of 50 lakh jobs. The Mumbai Metropolitan Region is being developed as a growth hub, and it will have a USD 1.5 trillion economy by 2047, Pawar said as he announced a third airport in the metropolis near the Vadhvan port in the neighbouring Palghar district. CREDAI-MCHI President Domnic Romell said, "The Maharashtra state budget lays a strong foundation for economic growth through strategic investments in infrastructure and ..