Nearly 10 months after the state cabinet announced the abolition of non-agricultural (NA) tax for urban housing societies, confusion remains due to the absence of a formal government resolution (GR).
Na TaxProperty TaxHousing SocietiesMaharashtraEknath ShindeReal Estate MumbaiJul 19, 2025
The NA tax, or non-agricultural tax, is a tax levied on properties situated on agricultural land within the municipal corporation or council limits, excluding those located in designated gaothan areas. It dates back to the British era.
The state cabinet announced the abolition of the NA tax in October 2024, ahead of the state assembly elections.
Confusion prevails because the state has not issued a formal government resolution (GR) to officially implement the cabinet's decision to scrap the NA tax.
Suhas Patwardhan, the chairperson of the Maharashtra State Housing Federation, is urging the government to issue a formal GR to clarify the situation.
A senior official confirmed that the GR is likely to be taken up in the next cabinet meeting and could be notified before August 15.
Mumbai's civic body allocates only Rs 800 crore to BEST, falling short of the requested Rs 3000 crore for new buses.
The prime office rental rates in Delhi-NCR, Mumbai, and Bangalore have remained stable in Q2 2024, driven by a sustained strategic interest in India's consumer markets and skilled labor pool.
The Haryana Real Estate Regulatory Authority has directed Ocean Seven Buildtech to pay interest to 15 homebuyers for delayed possession of flats in the Expressway Towers project in Gurugram.
New Delhi CM Rekha Gupta’s total assets, as per her election affidavit, are valued at around Rs 5.3 crore, a significant sum that includes both liquid and real estate assets.
Birla Estates, a leading real estate developer, has unveiled an engaging T20 2025 campaign featuring iconic players from the Royal Challengers Bangalore (RCB). The campaign aims to connect with cricket enthusiasts and potential homebuyers through a series of digital video assets.
Arkade Developers, a prominent name in Mumbai's real estate market, is set to revolutionize the city's skyline with a Rs 865 crore redevelopment project. This ambitious venture underscores the company's commitment to premium construction and timely delivery, positioning it at the forefront of the city's evolving real estate landscape.