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A total of 3,244 properties were registered in Mumbai alone on March 11, generating Rs 249.42 crore in stamp duty and registration fees, as per the Maharashtra department of registration and stamps. At present there is a 6 per cent stamp duty fee and 1 per cent registration, besides other

The new terminal will be spread over 55,000 sq mt and will have the capacity to handle 1,200 passengers per hour. The Maharashtra Airport Development Company Ltd (MADC) has floated a tender for the construction of a new integrated passenger terminal building at Shirdi. The winning firm will get a

To move forward with the construction of the Metro Line-12 corridor, the Mumbai Metropolitan Region Development Authority (MMRDA) has launched civil contract tenders. 17 stations are planned for the elevated corridor that will connect the Kalyan-Taloja stretch of the Line-12 The Orange Mumbai Metro Line-5, which is currently under construction

Amid the Shiv Sena battle and political turmoil in Maharashtra, the budget session began on the 27th of February and today, the first budget of the Shinde-Fadnavis government was presented in the state assembly. The state Finance Minister Devendra Fadnavis who is also the deputy chief Minister of Maharashtra read

Of the 9 Metro corridors for which work is in progress in the MMR, two are expected to open by 2024, five in 2025 and another 2 in 2026, revealed the state economic survey. Nearly 185km length of Metro works are being undertaken in MMR, of which 32.5 km Metro

In a significant development, the Bombay High Court has lifted a stay on the transfer of part of Thane Mental Hospital’s land for the construction of a new railway station in the city. The HC allowed the transfer of the 14-acre land of the hospital, facilitating the work of the

Owning a vehicle in the city can be a pain in the neck. Especially in Mumbai, where every place is overcrowded and finding a spot to park your car in can get highly stressful. However, This will soon change. The government is all set to release an app that will

In a relief to many property owners whose premises are being redeveloped, the Bombay High Court on Wednesday set aside circulars issued by the state Revenue Authority, which had asked for payment of stamp duty by the redeveloped housing society as well as its individual members for the redeveloped area

Mumbai: The Maharashtra Housing and Area Development Authority (MHADA) carried out a sustained demolition programme in Malwani, Malad, and demolished 16 large encroachments, 150 slums and cleared nearly 1.80 acres of land at Bhabrekar nagar in the last two months A total of 10 acres of land has now been

Indian Railways is considering a new public-private partnership (PPP) model to attract private investment to redevelop railway stations. Under this model, investors would receive up to 40% of the total project cost as viability-gap funding (VGF) and would be permitted to commercially use the space above platforms and tracks According