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Nagpur Misses Stamp Duty Target by ₹125 Cr in FY25 – Experts Cite Slow Transactions, Modest Rates

Nagpur's stamp duty collections for FY 2024–25 stood at ₹1,675 crore, 7% below the target of ₹1,800 crore. Experts cite weak property transactions and slow growth in ready reckoner rates as key reasons.

By Admin

  • 19th May 2025
  • 1183 Views
BMC Sets Record with INR 5847 Crore Property Tax Collection in 9 Months

BMC collected a record ₹5,847 crore in property tax over nine months in 2024, with December alone contributing ₹2,501 crore. Strategic campaigns and extended office hours boosted collections, with the western suburbs leading contributions.

By Admin

  • 5th Jan 2025
  • 1262 Views
Mumbai Real Estate Deals Hit Record Numbers in February 2024

February 2024 saw record property registrations in Mumbai's real estate market. Under the Brihanmumbai Municipal Corporation's (BMC) authority, 12,040 units were registered by 8 p.m. on Thursday, with predictions of a little rise.

By Admin

  • 6th Mar 2024
  • 1410 Views
Navratri Festival Ignites Mumbai Real Estate - A Phenomenal Surge in Property Registrations!

Mumbai real estate, the centre of the Indian property sector, saw a dazzling increase in registrations during Navratri. Under BMC's oversight, property registrations rose to 4,594 units from October 15th to 23rd, 2023.

By Admin

  • 26th Oct 2023
  • 1359 Views
Record Breaking Property Registration Revenue in Karnataka - A Whopping INR 311 Crore in One Day

Revenue Minister Krishna Byre Gowda said the Karnataka Stamps and Registration Department collected Rs 311 crore and registered 26,058 documents on September 27, a record single-day collection.

By Admin

  • 29th Sep 2023
  • 1469 Views
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