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Maharashtra Societies Welfare Association

No polls for 3 years in 40 percent housing societies in Mumbai

No polls for 3 years in 40 percent housing societies in Mumbai
Around 200 members of the big housing societies and townships will have to cast vote through an option of secret ballot for electing new management for the committees. The new rules and regulations passed by the State Cooperative Election Authority (SCEA), says that there are approximately 40 percent housing societies in Mumbai region who have [...] Continue Reading »

Stamp duty collection to rise with high value property deals

Stamp duty collection to rise with high value property deals
With the increasing property deals of high value in the state, it has been forecasted that the stamp duty collection is also going to boost up. As per Inspector General of Registration and Controller of Stamps, revenue generated from stamp duty will be around Rs 2000 crore in the financial year 2012-13. However, the property [...] Continue Reading »

Flats in Mumbai to witness hike in stamp duty

Flats in Mumbai to witness hike in stamp duty
A bad news is in store for tenants and owners of flats in Mumbai! Stamp duty is going to be dearer for flats in the city after the recent announcement of budget by state finance minister on 20th of March. The hike in stamp duty will be applied for both rentals as well as leave-and-licence [...] Continue Reading »

Builder-politician links result in property price hike: Experts

Builder-politician links result in property price hike: Experts
With the increasing property prices in the Mumbai, we have no one else to blame but developer- politician connections. These links have burdened the home buyers with a sudden hike in property prices. As per experts, many developers are politicians and vice versa. All the housing policies that are made today favour the builders, due [...] Continue Reading »



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