Browsing Tag

ready reckoner rates

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Maharashtra forms a new panel to speed up approval of land acquisition awards involving compensation above ₹100 crore.

Maharashtra Issues Fresh Guidelines on Regularising Multiple Transfers of Ceiling Land

Maharashtra now allows only the latest unauthorised ceiling land transfer to be regularised, easing burden on owners.
“The rates mentioned in the Ready Reckoner are basically for the purpose of collection of stamp duty and cannot be the basis for determination of the compensation for the lands acquired under the Land Acquisition Act,” the Bombay High Court reiterated while slamming the SLAO’s flawed approach and upholding enhanced compensation of ₹3.99 crore.

Ready Reckoner Rates Cannot Be Sole Basis for Land Acquisition Compensation: Bombay High Court

“The rates mentioned in the Ready Reckoner are basically for the purpose of collection of stamp duty and cannot be the basis for determination of the compensation for the lands acquired under the Land Acquisition Act,” the Bombay High Court reiterated while slamming the SLAO’s flawed approach and upholding enhanced compensation of ₹3.99 crore.
Maharashtra government has ended the free land allotment policy, mandating that land for public use will now be priced at Ready Reckoner rates to ensure transparency and revenue generation.

End of Free Land in Maharashtra: Govt to Charge Market Rates for Public Use

Maharashtra government has ended the free land allotment policy, mandating that land for public use will now be priced at Ready Reckoner rates to ensure transparency and revenue generation.
India’s Ultra Luxury Home Market Soars: 49 Homes Above ₹ 100 Crore Sold for ₹ 7,500 Crore in Three Years

Mumbai Property Market Hits New High: 52,896 Registrations in Jan–April 2025, Revenue Jumps 21%

Mumbai’s property market has kicked off 2025 with record-breaking momentum. The city logged 52,896 property registrations and generated ₹4,633 crore in revenue between January and April — marking an 8% and 21% year-on-year increase, respectively. April 2025 alone saw over 13,000 deals, the highest in seven years, as festive optimism and demand for high-ticket homes boosted activity.
The Draft Registration Bill 2025 does not explicitly eliminate stamp paper but introduces provisions for fully digital property registration in India. Learn how key sections of the bill pave the way for e-registration, e-stamping, and a paperless future in real estate.

Cheer for homebuyers as Maha Govt maintains status quo on ready reckoner rates for FY25 

Homebuyers in Maharashtra can cheer before the auspicious occasions of Gudi Padwa and…