Certificates display a must for Maharashtra govt plots
Lessees and occupants of Maharashtra state government land will have to display certificates, declaring that their properties were granted by the government.
A notice board has to be displayed on the building premises or on compound walls, visible to the public from now on.
State government officials say that this will help the government to keep track of its lands, prevent disputes over ownership and encroachment. Moreover, the initiative has been taken to ensure there are no secret sales.
As per the rules, a lessee must seek the government’s approval before selling the land since 50% of the sale price is to be paid to the government as “unearned income”. In case, the sale is done without the government’s nod, the state will take 75% of the proceeds as unearned income.
Encroachments, Lessees, Maharashtra government, Mumbai, Mumbai Properties, Ownership of plot, Ownership of properties, sale price
