Browsing Tag

Maharashtra GR

13 posts
Maharashtra has sanctioned Rs 240 crore from the 1% stamp duty surcharge on property deals for distribution to 28 municipal corporations in 2026-27, with deductions made from three corporations towards pending water supply project loans and UIDF interest dues.

After 22 Years, Maharashtra Lifts Financial Restrictions on State Co-op Housing Finance Corporation

Maharashtra government has removed long-standing financial restrictions on its State Co-operative Housing Finance Corporation after it cleared all debts and returned to profit, boosting the housing finance sector.
Maharashtra has extended government land lease tenure to 49 years with a renewal option up to 98 years, aiming to boost commercial development and increase state revenue.

₹1,500 Crore Disbursed from Stamp Duty Surcharges to MMRDA, & Metro Projects

Maharashtra government has approved ₹1,500 crore from stamp duty surcharge collections to fund MMRDA, Mumbai Metro, and Maha-Metro projects, directly linking real estate transactions to infrastructure growth.
Maharashtra’s new GR mandates district committees to finalise land acquisition compensation within one week of measurement, a move expected to reduce delays, cut project costs, and boost transparency.

Maharashtra Fast-Tracks Land Acquisition: District Committees to Finalise Compensation in Just 7 Days

Maharashtra’s new GR mandates district committees to finalise land acquisition compensation within one week of measurement, a move expected to reduce delays, cut project costs, and boost transparency.
In a stark reminder of delayed justice in Mumbai’s property cases, the Bombay High Court has finally ordered eviction of a licensee from a Bandra flat after nearly 48 years of legal battle. (130 characters)

Court Strikes Down Maharashtra’s Attempt to Halve Compensation for National Highway Acquisitions – “Centre’s Rule Prevails, You Get Double!”

In a major relief for landowners, the Bombay High Court has struck down Maharashtra’s notifications and GRs that tried to cap the compensation multiplier at 1.00 for national highway projects, upholding the Central Government’s 2.00 factor and ordering a fresh, higher award within six weeks.
The Maharashtra government has set up a high-level committee led by the Chief Secretary after the Bombay High Court pulled up authorities over dumping grounds located near residential areas. The panel will examine BMC’s waste-management plan and recommend long-term solutions.

State Forms High-Level Panel to Review Dumping Grounds Near Homes After Bombay HC’s Strong Orders

The Maharashtra government has set up a high-level committee led by the Chief Secretary after the Bombay High Court pulled up authorities over dumping grounds located near residential areas. The panel will examine BMC’s waste-management plan and recommend long-term solutions.