Maharashtra Cabinet Waives ₹637 Crore in Fees for Nagpur Project
NAGPUR: The Maharashtra cabinet has approved a full waiver on stamp duty and registration charges for land acquisitions related to the New Nagpur Business District and New Outer Ring Road projects. This decision is anticipated to expedite the implementation of these significant infrastructure initiatives in the Nagpur district. The resolution was passed during a cabinet meeting presided over by CM Devendra Fadnavis, which stated that private land necessary for these projects will be acquired via direct purchases and negotiations with landowners. As per government reports, stamp duty and registration fees for land transactions linked to these projects amount to approximately…