Maharashtra’s New GCC Push Set to Energise Office Leasing Beyond Mumbai & Pune

Maharashtra’s newly approved GCC policy targets the next wave of leasing expansion — redirecting global enterprises from Mumbai and Pune to emerging cities. With capital subsidies, added FSI, tax incentives and fast approvals, the state aims to lift GCC leasing from 15 to 25 million sq ft in five years while opening new opportunities in sectors like defense, aerospace and renewable energy.

Stamp Duty Adjudication Goes Digital: Maharashtra Citizens Can Apply Online

The Maharashtra government has digitized stamp duty adjudication, enabling citizens to apply online and track case status. Homebuyers, who often face confusion about stamp duty amounts, stand to benefit most from this streamlined process.

Hiranandani Fortune City, Panvel, Becomes First to Implement Maharashtra’s New Online Property E-Registration

In a landmark move for the real estate sector, the Inspector General of Registration (IGR), Maharashtra, has launched a new online e-registration system for property agreements. Hiranandani Fortune City in Panvel is the first real estate project in the state to adopt this digital framework, marking a significant step toward enhanced efficiency and transparency in property transactions. The new system allows for the complete online registration of property agreements, eliminating the need for physical visits to Sub-Registrar Offices (SROs).

New Government Mandate: No more middlemen for rent agreements!

The government of Maharashtra has issued a new circular, effective immediately, canceling the appointment of all Authorized Service Providers (ASPs) for online Leave and License registration. This move aims to simplify the process for citizens and eliminate intermediaries, but it also places new responsibilities on tenants and landlords.

RBI to Sell Lonavala Bungalows with ₹6.55 Crore Reserve Price

The Reserve Bank of India has put its erstwhile holiday home, a property in Lonavala comprising three residential bungalows and non-agricultural plots, up for sale. The sale is being conducted through a sealed bid process, with a reserve price of ₹6,55,00,000.