Maharashtra to Eliminate NA Tax for Urban Housing Societies
Real Estate

Maharashtra to Eliminate NA Tax for Urban Housing Societies

The Maharashtra government is expected to eliminate the non-agriculture (NA) tax for urban housing societies before the announcement of assembly elections, according to a senior revenue department official. This decision follows requests from political leaders and housing federations to scrap the tax, which affects many older societies facing hefty payment notices.

The official noted that the announcement might come before the model code of conduct for elections takes effect in October. Currently, the tax applies to societies outside gaothan areas within municipal jurisdictions, with only 10,000-15,000 of the nearly 200,000 societies exempt from the NA tax.

Despite a stay on NA tax collection since 2022, concerns persist about double taxation on landholders who have already paid a one-time NA conversion tax. Housing federation president Suhas Patwardhan expressed that if the exemption is declared before the elections, it would significantly relieve affected housing societies.

While the state government is reportedly leaning toward withdrawing the NA tax, some society members remain unaware of the stay, continuing to make payments. Advocates argue that the current tax provisions discriminate against residential sites and lead to unfair classifications.

The Maharashtra government is expected to eliminate the non-agriculture (NA) tax for urban housing societies before the announcement of assembly elections, according to a senior revenue department official. This decision follows requests from political leaders and housing federations to scrap the tax, which affects many older societies facing hefty payment notices. The official noted that the announcement might come before the model code of conduct for elections takes effect in October. Currently, the tax applies to societies outside gaothan areas within municipal jurisdictions, with only 10,000-15,000 of the nearly 200,000 societies exempt from the NA tax. Despite a stay on NA tax collection since 2022, concerns persist about double taxation on landholders who have already paid a one-time NA conversion tax. Housing federation president Suhas Patwardhan expressed that if the exemption is declared before the elections, it would significantly relieve affected housing societies. While the state government is reportedly leaning toward withdrawing the NA tax, some society members remain unaware of the stay, continuing to make payments. Advocates argue that the current tax provisions discriminate against residential sites and lead to unfair classifications.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?