Tag: #Maharashtra Government

Property Transfer

What is the maximum amount chargeable by a housing society for transfer charges, as per the law?

August 9, 2019

By Abhay Shah, Realty Quarter   The Maharashtra Government lately increased the stamp duty by 1% including for the sale, donation and transfer, and further increases in stamp duty and registration charges are possible. However, a conflict which afflicts property owners and buyers is somewhat nearer to home – transfer fees for the sales and transfer of shares and rights to apartments in a building by a cooperative housing society.  At the time of sale of the […]

What is the maximum amount chargeable by a housing society for transfer charges, as per the law?more
Affordable Housing

Maharashtra Government is considering the feasibility of a proposal for affordable housing development on a salt pan land.

June 14, 2019

By Abhay Harish Shah, Realty Quarter A statement by the Revenue and Forest Department said that the Maharashtra state has adopted the first step toward the development of affordable housing on a salt pan land and plans for revising a proposal within 60days which is offered by the property development company. The chosen salt pan land is situated […]

Maharashtra Government is considering the feasibility of a proposal for affordable housing development on a salt pan land.more
Dharavi Project

Dharavi Redevelopment Project bidding process might be scrapped says Maharashtra Government.

May 21, 2019

By Abhay Harish Shah, Realty Quarter Because of problems relating to the inclusion of 45 acres of railway land in the project, The State government plans to discard the bidding process for the Dharavi redevelopment project. The offers for the redevelopment of the Dharavi Slum were opened on February 18, spread across 600 acres of Mumbai and […]

Dharavi Redevelopment Project bidding process might be scrapped says Maharashtra Government.more
Stamp Duty

Stamp Duty Amnesty Scheme 2019 – Procedure.

April 4, 2019

By Abhay Harish Shah , Realty Quarter The Maharashtra Government has officially announced the amnesty scheme. This scheme is mainly for the homebuyers in the state who have not completed their property registration. Under this scheme, all the flat-owners who haven’t paid stamp duty on their purchase agreements will get an opportunity to settle-down their […]

Stamp Duty Amnesty Scheme 2019 – Procedure.more

Maharashtra streams norms for transfer of flats on govt land

May 8, 2018

By Realty Quarter Bureau The Maharashtra government has issued a Government Resolution (GR), streamlining the rules for the sale or transfer by other means, of flats in cooperative housing societies built on government-allotted lands. As per the GR issued by the Revenue and Forest Department, a three per cent or five per cent transfer fee shall be […]

Maharashtra streams norms for transfer of flats on govt landmore

Maharashtra state becomes first to issue land documents online

May 3, 2018

By Realty Quarter Bureau Maharashtra has become the first state to issue a crucial land ownership document online and accept a digital signature on it as valid. The state government’s plan of digitizing the 7/12 extract is thus complete. On Tuesday, it went a step ahead and generated eight lakh documents with space for digital signatures. […]

Maharashtra state becomes first to issue land documents onlinemore

State Govt. sets up State Wetland Authority

February 21, 2018

By Realty Quarter Bureau Maharashtra government has set up a 21 member Maharashtra State Wetland Authority (MSWA) under the environment ministry for regulating the wetlands available. The move comes after the Union Ministry of environment, forest, and climate change notified the Wetland Rules 2017 in the month of September. The new rules have replaced the […]

State Govt. sets up State Wetland Authoritymore