Stay updated with the latest stamp-duty news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on stamp-duty topics.
Chintels Paradiso Case: In a first, Haryana RERA referred to Google's 'AI overview' to determine how much property rates have increased in Gurugram's Sector 109 In a significant order linked to the 2022 Chintels Paradiso collapse on Dwarka-Gurgaon Expressway, the Haryana Real Estate Regulatory Authority (HRERA) has directed the developer to pay over Rs 4 crore as compensation to a homebuyer, relying in part on Google's AI-powered insights to assess rising property prices. Google AI Data Used t ...Read More >
A woman who bought a flat in Chintels Paradiso in Gurgaon's Sector 109, where a deadly collapse four years ago led to the whole project being declared unsafe, is set to receive a higher compensation of Rs 4 crore. The Haryana Real Estate Regulatory Authority (HRERA) has directed the developer, Chintels India Private Limited, to pay higher compensation to the flat buyer for her 3,150-square foot unit, after relying on Google's "AI overview" to track a 64.7% jump in local property rates. In an o ...Read More >
Haryana Real Estate Regulatory Authority (HRERA) has ordered builder Chintels India Pvt Ltd to pay compensation of over Rs 4 crore to a homebuyer, who had filed a complaint after a fatal structural collapse in Tower D revealed widespread construction defects. The complaint was filed by Delhi resident Aruna Garg, who had purchased a 4 BHK flat in Tower C of the project located in Sector 109. According to her complaint, she paid approximately Rs 1.8 crore, more than the agreed price, and took pos ...Read More >
As per IGR property registration records accessed by Square Yards, the apartment is located in Godrej Trilogy, Worli. The property has a carpet area of 2,430.06 sq ft (225.76 sq m) and a total area of 2,750.28 sq ft (255.51 sq m), and comes with three car parking spaces. The transaction involved a stamp duty payment of ₹1.78 crore and registration charges of ₹30,000. The deal was registered on April 1, 2026, the documents showed. Worli in central Mumbai has become a hotspot for several luxu ...Read More >
Mumbai, April 6: Indian playback singer Shreya Ghoshal has acquired two luxury apartments in Mumbai's premium Worli locality for a combined consideration of nearly Rs 59.7 crore, according to property registration documents reviewed by CRE Matrix. Details of the transaction The transactions were registered on April 1, 2026, for apartments located in Seafront Tower B at the upscale Godrej Trilogy project in Worli. The deal includes two adjoining units -- Flat Nos. 3301 and 3302 -- spanning a co ...Read More >
New Delhi [India], April 4 (ANI): The Rouse Avenue court on Saturday reserved an order on the cognisance of the Enforcement Directorate's chargesheet against Robert Vadra and seven others. The court will pronounce an order on the cognisance on April 15. This case is connected with the Shikohpur Gurugram Land deal. Special Judge Sushant Changotra reserved order on cognisance after hearing rebuttal arguements by ASG S V Raju, assisted by Special Counsel Zoheb Hossain, Special Public Prosecutor NK ...Read More >
MUMBAI: Even as debt and fiscal deficit rose sharply in the last two years, Maharashtra's revenue in FY25-26 fell significantly across key heads -- Goods and Services Tax (GST), excise duty, motor vehicle tax, and stamp duty and registration of properties. This led to a revenue shortfall of around ₹41,000 crore against budget estimates, slowing capital expenditure and development projects. Provisional figures at the end of the financial year put total revenue receipts at ₹5.60 lakh crore, falli ...Read More >
Thane, Apr 2 (PTI) Real estate developers in Maharashtra's Thane have welcomed the state government's decision to keep the ready reckoner rates unchanged, calling it a positive step for the sector. In a release on Thursday, the Thane chapter of the Confederation of Real Estate Developers' Associations of India said that stable RR rates will help boost confidence among homebuyers and investors, especially during uncertain global economic times. The ready reckoner rate is the minimum rate based ...Read More >
Mumbai: Even as the real estate sector is likely to be impacted by the war in west Asia, the state government has decided to increase ready reckoner (RR) rates by 4-5% on average for the 2026-27 financial year, officials aware of the matter told Hindustan Times. "The office of the Inspector General of Stamp and Registration is finalising the proposal and it is expected to be announced on March 31," a senior revenue department official said, requesting anonymity. The hike, effective April 1, is ...Read More >
Noida: Stamp and registration department has collected Rs 4,498.7 crore in revenue in the 2025-26 financial year, its highest in a decade. The district clocked 87% of its Rs 5,180-crore target, even as property registrations dipped, officials said.A total of 1.6 lakh properties were registered in the 2025-26 fiscal year (FY), down from 1.7 lakh in the previous fiscal. Of these, several registrations were recorded under concessional categories, with the number of transactions availing rebates up ...Read More >
Mumbai, April 1 (SocialNews.XYZ) 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, unde ...Read More >
Mumbai, Apr 1 (PTI) Maharashtra Revenue Minister Chandrashekhar Bawankule on Wednesday said the state government avoided a proposed 12 to 14 per cent increase in ready reckoner rates this year in view of the ongoing West Asia crisis and resulting global conditions. The Inspector General of Registration every year submits a proposal to the government suggesting a hike in the ready reckoner rates. The ready reckoner rate is the minimum rate based on which the government charges registration fees ...Read More >
The Punjab government has approved industrial reforms to simplify converting leasehold industrial plots and sheds into freehold. Cabinet Minister Sanjeev Arora said the conversion fee is set at 5 per cent, with a one-time stamp duty exemption for conversions completed by 30 April 2026. Measures also streamline documentation and post-allotment services. The Punjab government cleared a set of industrial reforms that changed how industrial plots and sheds were managed. Cabinet Minister Sanjeev Aro ...Read More >
Chandigarh: The Punjab govt has approved major reforms to its existing policy to streamline the conversion of industrial plots and sheds from leasehold to freehold status, industries minister Sanjeev Arora said on Tuesday.The amended policy fixes the conversion fee at 5% and offers a 100% stamp duty exemption for all conversions completed by April 30, 2026.To expedite the transition, the govt has simplified documentation by replacing notarised affidavits with self-declarations and allowing bank ...Read More >
Mumbai: The state government has decided to leave ready reckoner rates unchanged for the 2026-27 financial year on account of a slow down in the real estate sector, drop in revenue collection from stamp duty and registration, and the ongoing war in west Asia which has disrupted fuel and gas supplies. Revenue minister Chadrashekhar Bawankule said various industry associations had also urged the government to maintain status quo on RR rates or minimum rates for property transactions in various ar ...Read More >
Mumbai, March 31: In a significant relief to homebuyers and developers, the Maharashtra government has decided to keep Ready Reckoner (RR) rates unchanged for the financial year 2026-27, maintaining status quo across the state amid global uncertainties and rising construction costs. Consultations and industry feedback Officials said the annual rate-setting process involved consultations with construction professionals, document writers, and public representatives at the district level to ensur ...Read More >
Mumbai: In a significant relief to the real estate sector, the Maharashtra government has decided to keep Ready Reckoner (RR) rates unchanged for the financial year 2026-27. The rates, effective from April 1, 2026, will remain at the same level as 2025-26, the Office of the Inspector General of Registration and Controller of Stamps announced. Decision Taken Amid Speculation of Hike The decision was taken by Revenue Minister Chandrashekhar Bawankule following directions from Chief Minister Deve ...Read More >
Mumbai city (area under Brihanmumbai Municipal Corporation or BMC jurisdiction) recorded 15,516 property registrations in March 2026, the highest monthly registration for March in 14 years, according to data from the Maharashtra Department of Registrations and Stamps analysed by Knight Frank India. The registrations in March 2026 generated over ₹1,492 crore in stamp duty revenue for the state exchequer. The registrations include both new sales and re-sales. On a year-on-year (Y-o-Y) basis, reg ...Read More >
Mumbai, March 31: The BMC is confident to achieve 100% property tax collection for the financial year 2025-26, with 94.12% of its target already realised. According to civic officials, the BMC has collected Rs 6,910 crore, and penalty of Rs 274, against its target of Rs 7,341 crore as of the night of March 30, marking the highest-ever recovery at this stage of the fiscal year. Deputy Municipal Commissioner (Assessment & Collection) Vishwas Shankarwar stated that the remaining 6% is expected to ...Read More >
New Delhi, Mar 12 (PTI) The Supreme Court on Thursday asked two petitioners, who had challenged a provision of a 1882 law which exempts gifts executed under the Muslim law from registration, to approach the Law Commission of India. A bench headed by Chief Justice Surya Kant said the appropriate recourse for the petitioners would be to approach an expert body like the Law Commission of India which has been entrusted with the responsibility of recommending suitable amendments in existing laws or ...Read More >
Mumbai (Maharashtra) [India], December 17 (ANI): The Securities and Exchange Board of India (SEBI) on Wednesday approved a series of far-reaching regulatory reforms aimed at simplifying market regulations, lowering transaction costs and improving cost transparency, measures that are expected to boost investor participation across mutual funds, equity and debt markets. At its board meeting held in Mumbai, SEBI Chairman underlined the need for simplifying regulatory language and improving ease of ...Read More >
New Delhi, Dec 17 (SocialNews.XYZ) The Securities and Exchange Board of India (SEBI) on Wednesday approved a comprehensive overhaul of mutual fund regulations to improve cost transparency and reduce the expense burden on investors. According to the report, the changes were cleared by the SEBI board and will be implemented through the new SEBI (Mutual Funds) Regulations, 2026, replacing the existing 1996 framework after a detailed review. At the core of the reform is a revamp of the Total Expen ...Read More >
Mumbai, Dec 17 (PTI) Markets regulator Sebi on Wednesday approved a comprehensive overhaul of mutual fund regulations, including changes to the expense ratio framework and limits on brokerage charges, to boost transparency. The proposals are aimed at bringing regulatory clarity, reducing redundancies, and promoting ease of compliance. In its board meeting, Sebi has cleared a proposal to exclude all statutory levy -- STT (Securities Transaction Tax), GST (Goods and Services Tax), CTT (Commodity ...Read More >
Mumbai, Dec 17 (PTI) Market regulator Sebi at its board meeting on Wednesday approved wide-ranging reforms, including a proposal to simplify the offer document by companies seeking to raise funds. It also cleared a proposal to enhance mutual fund transparency by breaking down Total Expense Ratio (TER), said a release. The proposal to simplify the offer document summary will enable investors to make informed decisions, it added. It also allowed debt issuers to offer incentives in public issues ...Read More >
Deputy commissioner of police (north) Raja Banthia said that the action was taken after a 31-year-old Sadar Bazar resident approached the cyber police, claiming he had been cheated of ₹36,050 on the pretext of being sanctioned an online loan. According to the police, the complainant, Mohammed Shuaib, was looking for a loan and had approached several banks when, on August 25, he received a WhatsApp call from an unknown number. The caller allegedly introduced himself as a loan agent and promised ...Read More >
The Sebi board will review proposals for greater transparency among senior officials. Reforms for mutual funds and stock brokers are also on the agenda. These changes aim to simplify rules and enhance clarity for investors. Relaxed KYC norms for NRIs and a new closing-auction session are expected. The regulator is set to implement significant updates to financial market regulations. New Delhi, Sebi board on Wednesday will consider a report of a high-level panel, which has recommended public dis ...Read More >
PUNE: A day after being sent to judicial custody, the Pimpri-Chinchwad police on Tuesday arrested prime accused Sheetal Tejwani Suryavanshi in connection with the alleged ₹21 crore stamp duty waiver and land registration fraud. She was produced before the judicial magistrate first class (JMFC), which remanded her to eight days' police custody, although the police had sought a 10-day remand. In its remand application, the police told the court that their probe revealed deliberate manipulation of ...Read More >
MTNL's board has just ticked off a major milestone in its asset monetization strategy! They've sanctioned the sale of a prime residential property in Mumbai's trendy Bandra Kurla Complex to NABARD for a staggering Rs 350.72 crore. NEW DELHI: The board of state-run Mahanagar Telephone Nigam Ltd (MTNL) has approved proposal for the sale of its residential property block in Bandra Kurla Complex (BKC), Mumbai, to Nabard via government-to-government transfer/direct sale for Rs 350.72 crore, accordin ...Read More >
A deadline of 60 days has been given to the company. Parth Pawar's firm, Amadea Enterprises LLP, has been ordered to pay the full stamp duty of Rs 21 crore with an additional fine of Rs 1.47 crore in the controversial sale of the 40-acre land in Pune's upscale Mundhwa area. The Maharashtra Department of Registration and Stamps has charged additional interest for the last seven months. The order came after the Department investigated the land transaction case in Mundhwa - sold by Sheetal Tejwan ...Read More >
Mumbai: State-owned telecom company Mahanagar Telephone Nigam Limited (MTNL) has approved the sale of one of its residential properties located in Mumbai's Bandra Kurla Complex (BKC). The property will be sold to the National Bank for Agriculture and Rural Development (NABARD) for a total value of Rs 350.72 crore. MTNL shared this information through an official regulatory filing on Monday. The company said the decision was approved by its board of directors through a circular resolution passed ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.