Maharashtra Revises Ready Reckoner Rates

01 Apr 2025 CW Team

The Maharashtra government has announced an increase in ready reckoner (RR) rates for FY 2025-26, marking the first revision in two years. While the average state-wide hike stands at 3.89%, urban areas governed by municipal corporations have seen a 5.95% rise. Mumbai’s increase is just 3.39%, the second lowest after Nanded.

Solapur recorded the highest hike at 10.17%, followed by Ulhasnagar (9%), Amravati (8.03%), and Thane (7.72%). The revised rates, which influence property valuations for stamp duty, are expected to generate at least Rs 100 billion towards the state’s Rs 635 billion revenue target from stamp duty and registration.

Officials cited Mumbai’s limited land availability and market stability as reasons for its lower increase. Meanwhile, rapid development and infrastructure projects have driven up rates in Solapur and Navi Mumbai. The hike is likely to impact property prices, with industry leaders highlighting its effects on construction costs and approvals.

Infrastructure Transport

30 May 2026

Chembur Metro to Boost East Mumbai Links

MMRDA is advancing eastern Mumbai’s urban mobility network, with the upcoming Chembur Metro Station set to emerge as a key interchange and the Mumbai Monorail preparing for relaunch.Dr Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, conducted a site visit to Chembur Metro Station along with Kanhuraj Bagate, Managing Director, MMMOCL. He also visited the nearby VN Purav Monorail Station to review system preparedness and ease of interconnectivity.Once operational, the interchange is expected to offer commuters across the eastern suburbs quicker access, smoother transfers and seamless conne..

Herrenknecht TBMs Drive Thane–Borivali Tunnel Progress

Herrenknecht India has supplied two of the four tunnel boring machines (TBMs) required for the 11-km Thane–Borivali Twin Tunnel Project being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project is expected to reduce travel time between Thane and Borivali from 60–90 minutes to around 15 minutes while easing congestion across the Mumbai Metropolitan Region.The first two Single Shield TBMs, named Nayak and Arjuna, feature 13.34-m cutterhead diameters and are designed for hard-rock excavation. They will be deployed to tunnel through the challenging geological..

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers (KBL) has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve operational efficiency, remote monitoring and installation flexibility. The system was inaugurated by Ms Madhuritai Misal, Hon. Minister of State for Urban Development, Government of Maharashtra.The Smart Skid Mounted Fire Pump Set is a factory-tested, pre-packaged solution that combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. Designed to deliver a flow rate of 170 m³/hr at a head of 100 metres, the system aims to provide..