Maharashtra to extend deadline for property registrations soon

26 May 2021 CW Team

Confederation of Real Estate Developers Association of India (CREDAI) Maharashtra has solicited a four-month extension from the state government on property documents registration that was to be completed by the end of April.

Additional Chief Secretary of Revenue Nitin Kareer cited that the state government would soon come to a conclusion on extending the date for property registration for documents produced as of December 2020.

In response to the orders from the High Court, the state government has inquired about some documents from the state developer’s body.

The request on the extension addressed to the Inspector General of Registration and Stamps was later forwarded to the state government.

In accordance with section 24 of the Registration Act of 1908, all registration on documents needs to be completed in a span of four months of the date of the agreement signing, failing that leads to a fine not exceeding 10 times the registration fee that is to be levied every month in different slabs.

The approach to the state government by the body is to present the request to be considerate of property buyers and not levy fines due to the impacts of a pandemic.

The revenue department suggested that the government could make necessary reformations to the rules and could levy a feasible charge for late registration.

Some senior officials from revenue also reflected that the state could extend the registration date for a month or two with a nominal fee.

An official advised that people who produced property documents between the months of January and March may also seek an extension.

The state had already produced a stamp duty waiver of 3% till 31 December 2020 in aid to the realty sector.

Image Source

Also read: Maha property registrations & revenue drops by 60% due to Covid-19 curbs

Also read: Mumbai witnesses over 10,000 property registrations in April 2021

Infrastructure Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..