Mumbai, April 1 (IANS) Maharashtra Revenue Minister Chandrashekhar Bawankule said on Wednesday that the state government avoided a proposed 12 to 14 per cent increase in ready reckoner (RR) rates, citing prevailing global and war conditions. “The state government rejected the proposed increase in property rates to protect public interest,” he added. He said micro-zoning would be implemented in metropolitan cities such as Mumbai, Pune, Thane, Nagpur and Chhatrapati Sambhajinagar, under which prop…
Latest Ready Reckoner rates News & Updates
Mumbai, March 31 (IANS) In a significant move to bolster the state’s real estate sector, the Maharashtra government has decided not to increase the Ready Reckoner rates for the 2026-27 financial year. The Office of the Inspector General of Registration and Controller of Stamps on Tuesday announced that the rates effective from April 1, 2026, will remain at the status quo compared to the previous year (2025-26). This decision was finalised by Revenue Minister Chandrashekhar Bawankule following …
Mumbai, March 18 (IANS) The state Assembly on Wednesday unanimously passed the Maharashtra Stamp (Amendment) Bill, 2026, which aims to decentralise administrative powers and expedite the disposal of a massive backlog of stamp duty refund applications.During the discussion, Minister Chandrashekhar Bawankule highlighted that the existing centralised system forced citizens to travel to Mumbai even for mid-sized refund claims, leading to significant delays and “red-tapism”.Minister Bawankule annou…