3. VERY SHORT RELEVANT INTRO: Mumbai's property market recorded approximately 11,500 registrations in October 2025, demonstrating resilience through strong end-user demand despite festive timing shifts, with year-to-date stamp duty collections reaching record ₹11,164 crore.

Maharashtra's real estate sector has generated ₹29,795 crore in stamp duty revenue by mid-October 2025, representing 46.9% of the annual target despite a ready reckoner rate hike in April. The state's property market continues to demonstrate resilience with 7% year-on-year revenue growth.

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.

The Maharashtra government is preparing to modify stamp duty laws, affecting real estate and business. This document details the proposed modifications and their predicted effects.

In a cabinet meeting on November 23, Chief Minister Eknath Shinde and Deputy Chief Minister Devendra Fadnavis announced the Maharashtra Mudrank Shulk Abhay Yojana 2023, a stamp duty amnesty programme.