Tag: Maharashtra state government

Latest StoriesRegulatory

Maharashtra probes ₹20,000 crore stamp duty scam

MUMBAI: Revenue Minister Chandrashekhar Bawankule has initiated an investigation into a significant stamp duty scam in the state, potentially valued between Rs 10,000 crore to Rs 20,000 crore. During a session in the state assembly on Thursday, he mentioned that the government has received reports of severe discrepancies in adjudication proceedings, where stamp duties were allegedly inflated and later reduced through misuse of quasi-judicial powers. The investigation will cover stamp duty adjudications across the state from April 1, 2021, to March 31, 2026. Bawankule stated, “Preliminary findings indicate possible irregularities amounting to between Rs 10,000 crore and Rs 20,000 crore.”…

InfrastructureLatest Stories

Pune: Draft Development Plan for Merged Areas Approved

PUNE: During the civic body’s general meeting on Monday, a proposal was approved to initiate the draft development plan (DP) for 23 regions merged with the Pune Municipal Corporation (PMC) in 2021. The proposal also designated city engineer Aniruddha Pavaskar as the town planning officer tasked with overseeing the DP. This measure received unanimous support from corporators, who urged the administration to expedite the DP preparation. The formation of the DP for these 23 merged areas has encountered various technical hurdles over the past five years. An initial DP drafted by the PMRDA was canceled by the state government for…

IndustryLatest Stories

SRA Identifies 18 New Clusters for Mumbai Redevelopment

The Slum Rehabilitation Authority (SRA) has identified 18 new slum clusters in the Mumbai Metropolitan Region for redevelopment as part of the state government’s Slum Cluster Area Redevelopment Scheme. This follows investor interest in its pilot project in Andheri (West), according to sources familiar with the matter. This initiative aligns with Maharashtra’s strategy to create a slum-free Mumbai, providing secure, permanent housing through extensive redevelopment initiatives outlined in the State Housing Policy 2025. Officials have begun gathering approvals from the High-Powered Committee for significant clusters, including Majaswadi in Andheri (East), Behrampada in Bandra (East), and the Wadala Truck Terminal area.…