JSW Steel Ltd recently bought a huge land parcel measuring 30.5 acres in Raigad district of Maharashtra.

By Varun Singh

On October 3, this year a land deal was signed in Maharashtra’s Raigad district. This deal was for a land parcel spread over 30.5 acres.

According to documents provided to SquareFeatIndia.com by CRE Matrix, a real estate data analytics firm, the deal is between JSW Steel Ltd and Padma Prakash Nilawar.

The total agreement value of the land according to documents is Rs 23.22 Crore.

Documents further reveal that a stamp duty of Rs 1.39 Crore was paid for the registration of the deal.

The land that JSW Steel bought is located in Village Karav, Taluka Pen, District Raigad, of Maharashtra.

Land deals in nearby areas of Mumbai do garner tractions, even Pune is seeing a lot of land deals.

Recently in one of the biggest land deals in the state, a land measuring 1.01 lakh in Pune’s Haveli area took place earlier in March this year.

The deal an assignment of lease concerns a land located in the jurisdiction of municipal corporation of Pimpri Chinchwad Municipal Corporation, within the Taluka Haveli, in Pune. It is the MIDC area and part of a larger land measuring 2.83 lakh sq mt.

While Microsoft Corporation Pvt Ltd was the party which got the land on its name now, the other party is Finolex Industries Ltd.

Also Read: Microsoft pays Rs 328 Cr for 1 lac Sq Mt land in Pune

You May Also Like

Builder’s Own Letter Exposes Lie: No Possession Given Even After OC – Tribunal Orders Interest For Delay

In a landmark ruling, MahaREAT has ordered a Kalyan builder to pay interest for delayed formal possession in Unique Al Nashra Heights, exposing contradictions where the developer admitted in writing—no possession handed over—even months after obtaining OC. Homebuyers now have stronger grounds to claim compensation if paperwork lags behind keys.

Kingfisher House in Mumbai Sold for Rs 52.25 Crore

Kingfisher House located in Mumbai that was on the block for years…

Housing Sales Taper in Q2 2024 in Top 7 Cities – 8% Q-o-Q Fall, up 5% Y-o-Y

The bull run in residential sales across the top 7 cities tamed…

How Much did Your Home Price Increase in 2021?

Price is an important factor when one decides to buy a house.…