Maharashtra to start property e-registrations, introduce blockchain
Real Estate

Maharashtra to start property e-registrations, introduce blockchain

In an effort to digitise the process, the Maharashtra state government has begun the electronic registration of properties that real estate developers plan to sell. In the near future, this will also require using blockchain technology. Maharashtra has now enabled e-registrations of properties, making it the first state to do so. The service will initially be made available for the electronic registration of first sale agreements. Transactions for resale will not be included. Additionally, the method will do away with the need for witnesses during registration.

Also read:
Tier-II cities emerge as growth drivers for residential realty
Commercial real estate more lucrative than residential

In an effort to digitise the process, the Maharashtra state government has begun the electronic registration of properties that real estate developers plan to sell. In the near future, this will also require using blockchain technology. Maharashtra has now enabled e-registrations of properties, making it the first state to do so. The service will initially be made available for the electronic registration of first sale agreements. Transactions for resale will not be included. Additionally, the method will do away with the need for witnesses during registration. Also read: Tier-II cities emerge as growth drivers for residential realty Commercial real estate more lucrative than residential

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code