Browsing Tag

municipal finance

2 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.

Maharashtra Clears ₹240 Crore Stamp Duty Surcharge for 28 Civic Bodies

The Maharashtra government has approved the distribution of ₹240 crore collected through…
Real estate stocks traded mixed in early market hours as the Nifty Realty index slipped around 1%. Shares of Godrej Properties, Lodha Developers and DLF declined, while select stocks like Oberoi Realty and Anant Raj showed mild gains as investors remained cautious.

India’s Cities Need $2.4 Trillion by 2050, But Municipal Funding Falls Short

Indian cities need US$2.4tn by 2050, but municipal corporations face a major financing gap, says the FICCI-EY report.