Mumbai: In a significant step to streamline property transactions, the Maharashtra Inspector General of Registration and Stamps Duty (IGR) has introduced the 'One District, One Registration' policy, aimed at reducing paperwork and enhancing transparency.
Property RegistrationMaharashtraReal EstateTransparencyDigital TransformationReal Estate MumbaiMay 15, 2025
The 'One District, One Registration' policy is a new initiative by the Maharashtra government to centralize property registration at the district level, reducing the need for property owners to travel to different sub-registrar offices and enhancing the overall efficiency and transparency of property transactions.
This policy will benefit property owners by reducing the time and effort required to register property, minimizing the possibility of fraudulent activities, and providing a more convenient and transparent registration process. Property owners will be able to submit documents online and track the status of their applications electronically.
No, the policy will be implemented in a phased manner, starting with initial trials in select districts. Based on feedback and performance, it will be rolled out to other parts of the state.
The IGR has acknowledged potential challenges such as increased congestion at centralized registration offices and the need for robust cybersecurity measures. Measures like online appointment scheduling, extended working hours, and collaboration with cybersecurity experts are being implemented to address these issues.
The 'One District, One Registration' policy is expected to bring about greater transparency and efficiency in the property registration process, which is likely to have a positive impact on the real estate market in Maharashtra. It may also contribute to better urban planning and development by providing accurate and reliable property data.
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