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RERA Implementation: Transforming India’s Real Estate Sector

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  RERA Implementation: Transforming India’s Real Estate Sector The  Real Estate (Regulation and Development) Act , 2016 (RERA) represents a pivotal advancement in India’s real estate sector. Enacted to safeguard homebuyers’ interests, RERA introduces a robust regulatory framework that enhances transparency, accountability, and consumer protection. This article explores the key aspects of RERA’s implementation, its impact on the real estate market, and the challenges it faces. Key Provisions of RERA Implementation 1.Firstly, RERA mandates that all real estate projects, whether residential or commercial, must be registered with the Real Estate Regulatory Authority (RERA) before developers can advertise or sell. This requirement ensures that developers are accountable and that they disclose project details—such as approvals, timelines, and financial aspects—transparently. 2.Moreover, under RERA, developers must provide comprehensive information about their projects. This includes...
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NA Tax scrapped

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Satark Nagrik Foundation welcomes Maharashtra Cabinet decision to abolish NA Tax - Years of follow up has given result says Dayanand Nene  Maharashtra's cabinet has abolished the non-agricultural tax, easing burdens on housing societies and reducing multiple taxation amid urban growth. Welcoming the move, Dayanand Nene, President of NGO Satark Nagrik Foundation said, “Housing societies will benefit for this. They have simplified the procedure. When a property is developed, it is converted from agricultural to non-agricultural land and taxes are paid. It is not proper to charge tax again.’’ Nene informs that he and his NGO have been trying to get the British time, now outdated NA Tax abolished for many years now. One can type NA Tax & Dayanand Nene on Google to get more information about our efforts.
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Maharashtra Govt concession on Stamp Duty for Self Redevelopment

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 Maharashtra Govt in a big policy decision announced registered coop housing societies in the state going in for self development in which they allot newly constructed premises to existing members, the stamp duty on agreement/allotment letter is fixed at Rs 1000 only.
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GR DTD 17/02/2022 on filling up of Casual Vacancies in MC

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GR FOR PAYMENT OF NA TAX AT MUNCIPAL COOPERATION OFFICE [EXCLUDING MUMBAI DIST.] DATED 05/02/2009 & 2022

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Request to scrap the NA Tax in the State - Reference to our earlier letter dated March 24, 2022 on the same subject.

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  Satark Nagrik Foundation ® 102, Ekvira Apartment, Uthalsar, Thane West 400601 email:  dayanandnene@gmail.com February 10, 2023 The Hon. Chief Minister, Govt of Maharashtra, Mantralaya, Mumbai. Sub:  Request to scrap the NA Tax in the State - Reference to our earlier letter dated March 24, 2022 on the same subject. Respected Sir, NA Tax is the assessment fixed on any land under the provisions of the Maharashtra Land Revenue Code (MLRC), 1966 to the use of land for non-agricultural purposes. The State Government has been levying and collecting NA Tax from various landholders in Maharashtra since the British Era. Under the Maharashtra Land Revenue Code 1966, the NA tax is imposed in the areas earlier marked as agricultural outside gaothans, where there is non-agricultural activity, and is levied over and above the property tax.  This tax was negligible until February 2008, but the state government through a notification in 2009 decided to link it with the ready reckon...
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Maharashtra Govt temporarily stays collection of NA Tax

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 Good news : The Maharashtra government on Tuesday ordered a temporary stay on the recovery of non-agricultural (NA) tax by the state revenue department from housing societies in Mumbai's suburbs. Revenue Minister Balasaheb Thorat made this announcement in the Legislative Assembly. You may recall that we at Alert Citizens Forum have been following up this issue for sometime. We had also written to the CM and Balasaheb Thorat in this regard. BJP Leaders Ashish Shelar and Atul Bhatkhalkar had raised this issue in the current assembly session. Dayanand Nene
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