ThePrint ThePrintPod: Maharashtra govt set to lease out land near reservoirs starting ‘early October’. Target: Rs 500 crore/yr
Oct 2, 2025
Maharashtra is gearing up to monetize waterfront land near 20 dams, aiming to generate Rs 500 crore annually. A public-private partnership model will allow developers to lease these areas for 49 years. Potential projects range from camping and ropeways to sports facilities. The plan has revived interest after delays since 2019, with a focus on safety measures and cleanliness for tourists. With an inventory of unused assets, this initiative could reshape tourism while addressing the region's economic needs.
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State To Monetize Dam Waterfronts
- Maharashtra plans to monetize waterfront land near dams through lease-based public-private partnerships.
- The state will float standard bid documents for private players to build and operate projects on leased land.
Policy Revived After Political Changes
- Radhakrishna Vikhe Patil pushed a government resolution to open waterfront land near 20 dams after meetings with the Chief Minister.
- The proposal dates back to a 2019 GR and stalled under different governments before resurfacing now.
Significant Revenue Potential
- The department projects the initiative could generate about Rs 500 crore per year in revenue.
- They plan to lease unused dam-adjacent land, including dilapidated buildings, to private developers under a PPP model.