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Maharashtra State Government Archive

Maharashtra hikes incentive FSI, property rates in suburbs may rise

In the latest move of Maharashtra state government it is likely to see that realty rates in Mumbai suburbs may rise again, after the final notification of state government through which Maharashtra state government is planning to hike the additional premium charges and development rights with an aim to generate more revenue for exchequer, which […]

With new depreciation formula, the taxes on old properties will be more

Recently, Maharashtra State Government circulate new circular, which aims to increase the stamp duty revenue with the help of change in method of calculation of depreciation in old residential as well as commercial building  and it has caused a flutter in the real estate industry of Mumbai. As per the statement of legal experts, The […]

Maha Govt will issue Conveyance Certificates to housing societies within 6 months of application

Soon after Devendra Fadnavis joined as the Chief Minister of Maharashtra, he had promised a stringent legislation to provide basic services to the citizen in a time-bound manner. “For efficient and transparent governance, we will provide 110 services in a timely manner”, he had told the Legislative Assembly. In a landmark decision taken on September […]

Announcement by Guardian Minister: Special Six Lane Flyover to Connect Thane-Borivali

This project will need more than Rs. 30, 000 crore and it will be prepared on the model of German technology. After construction and execution, this road will cut the travel time by 80 minutes (from 90 minutes to 10 minutes). It is expected that this tunnel will deviate from Tikujiniwadi to Ghodbunder Road and it […]