Tag: Maharashtra

Latest StoriesRegulatory

Maharashtra Forms SIT to Investigate Land Issues in Sambhajinagar

CHHATRAPATI SAMBHAJINAGAR: The state government has established a Special Investigation Team (SIT) to conduct a thorough and unbiased inquiry into various significant land-related complaints in the Chhatrapati Sambhajinagar district. Led by the divisional commissioner of Chhatrapati Sambhajinagar, the SIT will scrutinize major land transactions that are surrounded by serious allegations. During the recent state budget session, concerns regarding alleged land misappropriation in gut number 30 at Brijwadi, near Chhatrapati Sambhajinagar, were raised. In response, Revenue Minister Chandrashekhar Bawankule assured that an SIT would be formed to investigate various land complaints in the district. An official release on Wednesday stated, “The…

Latest StoriesRegulatory

Maharashtra: New Stamp Duty Penalty Starts January 1

PUNE: The increased penalty of ₹1 lakh for executing property documents without adequate stamp duty will be effective from January 1, 2026. An official from the Inspector General of Registration (IGR) office confirmed this on Monday, stating, “The amendment was notified on December 31, 2025, and will be enforced starting January 1, 2026. Any case registered concerning a shortfall in stamp duty post this date will be subjected to the revised penalty.” During the Maharashtra Budget presentation for 2026-27 on March 6, Chief Minister Devendra Fadnavis emphasized this change, proposing an increase in the penalty from the existing ₹5,000 to…

IndustryLatest Stories

Maharashtra to Complete Patra Chawl Project, Address Residents’ Needs

MUMBAI: Maharashtra Minister Shambhuraj Desai assured the state assembly on Monday that the government is dedicated to finalizing the long-stalled Patra Chawl redevelopment project. This comes as legislators voiced concerns regarding ongoing delays, incomplete work, and resident protests. Located in Goregaon, the Siddharth Nagar area (formerly Patra Chawl) spans 47 acres and is home to 672 tenant families. In 2008, the Maharashtra Housing and Area Development Authority (MHADA) awarded a redevelopment contract for the area to Guru Ashish Construction Pvt Ltd (GACPL), affiliated with the now-closed HDIL (Housing Development and Infrastructure Ltd). GACPL was tasked with constructing 672 flats for…

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Maharashtra Cancels NA Tax for Urban Housing, Waives Dues

NAGPUR: The Maharashtra government has abolished the annual non-agricultural (NA) tax imposed on urban housing societies, providing relief to countless flat owners across the state. Revenue Minister Chandrashekhar Bawankule announced this decision in the Assembly during the Budget Session, following a query from legislator Bhimrao Tapkir. Bawankule stated that all overdue payments and arrears have been canceled. This applies to all urban residential properties, whether they are newly built or older structures. “The previously collected tax and outstanding dues have been scrapped, which will offer significant financial relief to housing societies and apartment owners,” he informed the Assembly. Tapkir highlighted…

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Over 75% Mihan PAPs Receive Developed Plots: Maharashtra CM

NAGPUR: On Wednesday, the state government updated the legislative council that the distribution of developed plots to eligible project-affected persons (PAPs) from the Mihan project in Nagpur district is ongoing, with over 75% having received their plots. In a written statement, Chief Minister Devendra Fadnavis revealed that more than Rs 100 crore has been disbursed to 2,048 out of 2,701 affected individuals as part of employment assistance. This information came in response to a question from MLCs Krupal Tumane, Manisha Kayande, and Hemant Patil, who noted that approximately 2,000 hectares of farmland in five villages across Nagpur and Hingna talukas…

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Private firms to manage 60 property registration centers; Pune, Mumbai first

Representative AI image PUNE: The state government plans to establish 60 property registration offices across Maharashtra, managed by private institutions, to simplify the process, enhance efficiency, and reduce waiting times—albeit at an additional cost, officials informed TOI on Friday. The proposed centers are designed similar to passport service centers and will operate alongside the current 517 government-run sub-registrar offices. Officials stated that the revenue department approved the proposal last year, and its implementation will occur in phases. In the first phase, five centers will be launched in Mumbai, Pune, Thane, and Nagpur. “We anticipate opening them within six months. Tenders…

InfrastructureLatest Stories

Maharashtra Govt Confirms PMC as Planning Authority for 23 Areas

PUNE: On Wednesday, the state government designated the Pune Municipal Corporation (PMC) as the planning authority for the 23 areas merged into its limits in 2021. This significant decision aims to transform the city’s development dynamics. Since the merger, residents in these areas have been in a complicated situation, with daily planning decisions resting with the Pune Metropolitan Region Development Authority (PMRDA). This dual-authority scenario meant that while PMC provided water and civic services, PMRDA was in charge of issuing building permits. As a result, developers, residents, and officials often faced confusion due to overlapping regulations, ambiguous permissions, and enforcement…

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Ashiana Housing Purchases 8.83 Acres in Maharashtra

Representative image NEW DELHI: Ashiana Housing has acquired approximately 8.83 acres of land in Wavarle, Raigad, Maharashtra, through outright purchase from various sellers. The company intends to develop a senior living project on this land, featuring a saleable area of 450,000 sq ft. Additionally, Ashiana announced a collaboration with Epoch Elder Care, which will take full operational control of Ashiana Care Homes in Bhiwadi. Epoch will manage a 48-bed facility offering assisted living services and care for chronic conditions. Published On Feb 6, 2026 at 04:30 PM IST Join a community of over 2 million industry professionals. Subscribe to our…

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Maharashtra links PMAY-Urban 2.0 to higher EWS prices

MUMBAI: The Maharashtra government has tightened the regulations under the Pradhan Mantri Awas Yojana (Urban) 2.0, requiring a minimum of 25% beneficiary registration before construction can begin or benefits can be accessed for certain affordable housing projects. This requirement applies to projects under the Affordable Housing in Partnership (AHP) and AHP-public private partnership (AHP-PPP) where the sale price of economically weaker section (EWS) homes exceeds the current annual statement of rates (ASR) by more than 20%. The updated guidelines, announced on January 23, were prompted by a review of detailed project reports (DPRs) submitted under PMAY (Urban) 2.0, which uncovered…

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Maharashtra Tightens SRA Norms to Secure Rehab Dues on Flats

The Slum Rehabilitation Authority (SRA), the Maharashtra government’s key agency for slum redevelopment, has tightened regulations on free-sale inventory in slum rehabilitation projects. It now requires the preemptive freezing of designated sale flats to ensure transit rent payments and the fulfillment of permanent alternate accommodation (PAP) obligations for eligible slum inhabitants. In a comprehensive office order issued in accordance with previous directives and the Bombay High Court’s rulings, the SRA stated that sale flats will be ring-fenced at the Intimation of Approval (IOA) stage, as well as during the issuance of amended IOAs, Letters of Intent (LOIs), or revised LOIs.…