AMC & 3 other civic bodies in Marathwada to receive funds Rs 6.8 cr

22 Feb 2022 CW Team

The Aurangabad Municipal Corporation (AMC), and other civic bodies, including Nanded, Parbhani and Latur in Marathwada, will receive funds worth more than Rs 6.8 crore from the state government.

The funds correspond to a 1% surcharge recovered by the state town planning department on the stamp duty paid for different property transactions during 2021-22 to generate funds for infrastructure development in these cities.

The first installment of Rs 235.7 crore of total funds was released in December 2021, while the second installment has now received an official clearance.

The state town planning department said that overall, 26 municipal corporations in the state would receive funds worth Rs 210 crore towards the stated funding.

According to data, AMC will get the maximum share of the funds at Rs 4.86 crore, followed by Nanded-Waghala Municipal Corporation of Rs 1.18 crore, Latur of Rs 61.03 lakh and Parbhani Rs 22.69 lakh.

Pune, Pimpri-Chinchwad and Nashik, Rs 69 crore, Rs 24.97 crore and Rs 10.4 crore, respectively, are among other cities that have received the maximum amount of funds from the state government towards the surcharge levied on the stamp duty.

Rajendra Datey-Patil, a civic activist, said the state government should consider exempting the first homebuyer from paying an additional 1% surcharge on stamp duty. Property taxes have already been governed by a stringent tax regime, and adding more components to them would be a burden for the homebuyers.

Image Source

Also read: Stamp duty collection in Maharashtra declines 17% in Oct-Nov

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..