Browsing Tag

UIDF scheme

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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 Distributes Rs 240 Crore Stamp Duty Surcharge Grant to 28 Municipal Corporations

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 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.

Maharashtra Govt Approves ₹500 Crore Distribution to Municipal Corporations from 1% Stamp Duty Surcharge

Maharashtra government has approved ₹500 crore distribution to 28 municipal corporations from stamp duty surcharge collections, boosting urban infrastructure funding across cities.