IndustryLatest Stories

Maharashtra Launches 60 Private Property Registration Centers in July

Representative AI image PUNE: Property buyers and sellers in Maharashtra are set to benefit from quicker registrations and enhanced services as the state registration department gears up to introduce 60 privately operated registration centers starting this July. Inspired by the “passport seva kendra” model, these centers aim to simplify the registration process, albeit at an added cost to citizens. They will work alongside the state’s existing 517 government-operated registration offices. The initiative was first revealed last year by the revenue department and will be carried out in three phases. The initial phase will introduce five centers in high-traffic districts like…

InfrastructureLatest Stories

Malkapur Issues TDR Certificates for Public Land Acquisition

KOLHAPUR: The Malkapur Municipal Council in Satara district has made history as the first C-class urban civic body in the state to issue Transfer Development Right (TDR) certificates for land acquisition intended for public infrastructure. On Sunday, certificates were awarded to six landowners for approximately 19,000 square feet of land. In Maharashtra, municipal councils are categorized into A, B, or C classes based on their population, revenue, and level of development. A-class councils usually have populations exceeding one lakh, while B-class councils encompass populations ranging from 40,000 to one lakh. C-class councils, like Malkapur, have populations under 40,000, and those…

InfrastructureLatest Stories

Maharashtra to Speed Up Land Surveys Using Private Firms

Representative Image NAGPUR: The Maharashtra government has announced a comprehensive revamp of land survey procedures, employing trained and licensed private surveyors in every district. This initiative aims to address the growing backlog and expedite development approvals. Revenue Minister Chandrashekhar Bawankule revealed the decision following a meeting with Chief Minister Devendra Fadnavis. The reform is intended to ensure the “accurate, timely, quality, and transparent” handling of land measurement cases. Consequently, an official government order outlining the operational framework has been issued. Under the revised system, land surveys will adhere to pre-determined schedules, with advance notices issued by the deputy superintendent of…

InfrastructureLatest Stories

Amravati Mandates Cool Roofs to Combat Extreme Heat

Representative AI image AMRAVATI: To combat extreme heat and manage rising energy demand, the Amravati Municipal Corporation (AMC) has made ‘cool roofs’ a requirement for new buildings and introduced tax incentives for upgrading existing ones. AMC officials noted that it is one of the pioneers in Maharashtra to enforce the Cool Roof Bylaws 2025, a part of the state government’s governance initiative. This policy incorporates heat mitigation strategies into urban planning and complements ongoing initiatives like the Majhi Vasundhara Abhiyan and national sustainable cooling programs, thereby enhancing climate resilience in the city’s building codes. According to Municipal Commissioner Saumya Sharma…

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Maharashtra Decentralises Land Regularisation to Collectors

NAGPUR: On Wednesday, the Maharashtra legislature unanimously approved the Maharashtra Land Revenue Code (Second Amendment) Bill, 2026. This new legislation empowers district-level authorities to regularize most cases of land-use breaches. Introduced by Revenue Minister Chandrashekhar Bawankule, this amendment transitions from a centralized approach to a decentralized one, allowing collectors and divisional commissioners to manage nearly 90% of these cases at the local level. The change is anticipated to alleviate backlog, reduce bureaucratic hold-ups, and improve citizen access to administrative solutions. “Previously, even minor breaches were sent to the Mantralaya, overloading the secretariat and obligating citizens to make numerous trips to…

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Maharashtra Launches Inquiry into ₹1,000 Crore BMC Scam

MUMBAI: Junior Urban Development Minister Madhuri Misal acknowledged in the assembly that there were irregularities in the BMC’s agreement for a housing project in Malad (E) designated for project-affected persons (PAPs). She noted that while all funds were transferred to the developer, no start date for the project was specified. Misal mentioned that she requested a report on all issued credit notes. Congress MLA Aslam Shaikh, who raised the concern, claimed that land classification was altered unlawfully, resulting in increased ready reckoner rates and elevating the project cost by Rs 618 crore. He expressed that the project might not be…

Latest StoriesRegulatory

Maharashtra Registrations Department Hits 90% Revenue Goal

PUNE: The state’s department of registration and stamps is approaching its annual revenue goal, achieving almost 90% as the 2025-26 fiscal year nears its end. As of March 15, the department has raised ₹56,159.05 crore, which is around 88.4% of its ₹63,500 crore target. According to official statistics, a total of 43.12 lakh documents have been registered this fiscal year, already matching the complete count from the previous year (2024-25), which also recorded 43.12 lakh registrations and generated ₹58,266.07 crore against a lower target of ₹55,000 crore. Registration officials reported steady property transactions, averaging three to four lakh documents registered…

Latest StoriesRera

MahaRERA clears 6,945 homebuyer complaints, tackles backlog

PUNE: The Maharashtra Real Estate Regulatory Authority (MahaRERA) announced on Monday that it has addressed 6,945 complaints over the last year. This announcement comes after concerns were raised in the state assembly regarding the backlog of homebuyer grievances and the sluggish recovery of dues from non-compliant developers. Officials reported a significant increase in the complaint resolution rate, highlighting a faster pace of hearings in the past two years. Approximately 6,000 complaints still await resolution, but hearings have begun for nearly all cases except those lodged in the last two months. The rise in complaints and the delay in executing recovery…

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…