Maharashtra's Housing Minister, Mr. Atul Save, hints at potential concessions in registration and stamp duty fees for real estate developers to stimulate housing sales.
Maharashtra GovernmentHousing RegistrationsReal Estate DevelopersStamp Duty FeesRegistration FeesReal Estate MaharashtraSep 01, 2024
The real estate sector in Maharashtra has seen significant growth since the pandemic, with Mumbai and Pune leading a revival that accounted for nearly 54% of new launches last year.
The government is preparing to launch new policies aimed at revitalizing the housing sector, including an amnesty scheme for stalled SRA projects and a new PAP Policy.
NAREDCO Maharashtra is a leading industry body that represents the interests of real estate developers in the state. The organization works closely with the government to promote the development of the real estate sector and to address the challenges faced by the industry.
The SRA projects aim to make Mumbai slum-free and provide affordable housing to the urban poor.
The government is committed to enhancing sustainability and reducing construction costs in future developments. It is introducing new policies and initiatives to promote the use of innovative construction technologies and to streamline the approval process.
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