The State government has been offering several sops to people in the Maharashtra. The recent one is the Stamp duty amnesty scheme, under which the government is offering 90% discount in the outstanding stamp duty for the residential and non-residential colonies and residential tenements, and leasehold transfer of co-operative housing societies allocated by different government authorities.
It was decided in the Cabinet meeting to bring an ordinance to amend the Act in this regard.
Residential or non-residential areas, tenements are allocated by MHADA, CIDCO and Slum Rehabilitation Authority.
The cabinet also allowed a proposal to charge developers Rs 100 for every rental tenement that is transferred to the Mumbai Metropolitan Region Development Authority (MMRDA). These tenements are being constructed for the poor and would discourage slums. The Rs 100 stamp duty is subject to conditions.
According to sources, the cabinet is likely to approve a premium of 10% of the Ready Reckoner rate for land purchased at market rates, 15% for plots given at a concessional rate, and 50% as premium for those given for non-housing purposes.
The sources indicated the premium will be lower than the earlier proposed 25% of the RR rate. There are 3,000 housing societies on collector’s land in Mumbai and 22,000 housing societies across the state.
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