NAREDCO Nashik urges govt to reduce stamp duty on raw materials

11 Mar 2022 CW Team

The National Real Estate Development Council (NAREDCO), Nashik, has urged the government to reduce the Goods and Services Tax (GST) on raw materials. It urged the state government to reduce the stamp duty to make property prices cheaper by Rs 200-300 per sq ft.

NAREDCO has also alleged an artificial rise in the prices of cement and steel in the last few months, which resulted in a rise in construction costs. It has requested the government to ensure the prices remain stable for a minimum of six months.

A NAREDCO council is meeting Maharashtra Real Estate Regulatory Authority (MahaRERA) authorities seeking an extension for completing the projects.

According to a senior member of NAREDCO Nashik, Jayesh Thakkar, if MahaRERA does not provide an extension, the council will stop buying cement and steel as part of the protest.

Another official of NAREDCO Nashik, Abhay Tated, told the media there has been about a 40% rise in raw material prices.

He said that selling properties at the existing rates is complex. The property prices will be increased by Rs 300-750 per sq ft.

A senior member of NAREDCO, Sunil Bhaybhang, said that the rising material cost had restricted the launch of new residential and commercial projects.

Image Source

Also read: J&K govt signs 39 MoUs with real estate developers, MoHUA, NAREDCO

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..