Maharashtra Chief Minister Vilasrao Deshmukh said the Aussie skipper company had proposed to set up a township in the city on a "100 to 400 acre land".
Australia captain became only the third player in history to score 10,000 runs in Test cricket when he made an unbeaten 69 against England.
Waugh said the best bit of advice he could pass on to Ponting was to enjoy his team mate's success as much as his own.
The former Australia swing bowler believes struggling Test sides like Zimbabwe and Bangladesh should consider luring a player like Mark Waugh out of retirement.\n\n
Steve Waugh said Dravid should not be written off after just two failures and he would prove a perfect foil for Sehwag.
Former Australia skipper Steve Waugh says Australia makes it happen while other teams think what will happen.
"It's a huge challenge but India did it to us the last time over there (in 2001)," said the Australian captain.
Smith needs just 315 runs to become the fourth Australian batter after Ricky Ponting (13378), Allan Border (11174), and Steve Waugh (10927) to reach the landmark of 10,000 Test runs.
Current Australian captain Ricky Ponting was named as Waugh's deputy.
Steve Waugh has dismissed the notion that sportspersons knew when their time was up and said that he experienced a raging mental conflict in his final days wearing the Baggy Green cap.
Glenn McGrath's wife Jane partly owes her life to Steve Waugh, who helped her in curing a cancerous brain tumour her doctors feared was inoperable.
The Australian Test captain said the century in the fifth Ashes Test in Sydney saved his career.
The Australians will be without Shane Warne, Glenn McGrath and Damien Martyn for the first Test.
Tendulkar said though he would like to score more centuries, he felt more satisfied while contributing to India's victory.
A lacklustre Australia maybe on the brink of losing the Ashes urn to England but Ricky Ponting, a superior skipper than his predecessor Steve Waugh, is still the best man to lead the side in Tests, according to former captain Ian Chappell. Chappell felt the selectors sold Ponting down the river, picking an all-pace attack for the unresponsive pitch at The Oval and blaming Ponting for the debacle would be barking up the wrong tree.
Steve Waugh hinted he would direct his pacemen to bowl a shorter length to India's batsmen on the bouncy Adelaide wicket.
Cricketer-turned-philanthropist Steve Waugh is so convinced of the evenness of India and Australia's might that he has predicted a 4-3 scoreline for the winners in the forthcoming ODI series.
"I've always played my cricket under the belief that you pick your best 11 players and that's never changed. I think it's wrong to give players guarantees," the Australian Test captain said.
Babar Azam's first Big Bash League stint ended early as the Pakistan star returned home before Sydney Sixers' eliminator after an underwhelming season.
'There's days when you contemplate either way and I really haven't made a decision yet,' said the Aussie Test captain.
Australia must show a bit of "mongrel" and gel as a team if they are to lift the Ashes against England, former captain Steve Waugh has said.
The Australian selectors named full-strength squads for the test and one-day series against the minnows.
Twenty20 might be a massive hit with the fans but former Australia captain Steve Waugh feels Tests will always remain a cricketer's first priority and both the versions need each other's support to survive and flourish.
Jeff Thomson and David Hookes say the Aussie captain should retire to allow the team to build for the future.
Maybe I could keep going for another 15 years, said the Aussie Test captain.
'You have to be courageous to score runs in Perth,' Steve Waugh said.
Former Australian captain Steve Waugh, along with four others, would be inducted into the International Cricket Council's Hall of Fame in Sydney on Monday.
The trio will don specially designed racing gear and drive a few laps around the circuit in their Go-Karts at the Danny's Karting Centre, Chennai.
South Africa could overtake top-ranked Australia on the ICC Test Championship Table if they win their upcoming series against Pakistan
After seeing a lifeline fall his way, Smith never looked back and went on to complete his 35th Test ton.