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Maharashtra raises property transaction costs by up to 10.3%, aiming to boost state revenue.
Maharashtra has increased its Ready Reckoner (RR) rates by an average of 3.89% for the 2025-26 financial year, leading to higher property transaction costs.
Mumbai sees a 3.39% hike, while rural areas face a maximum increase of 10.3%.
This move aims to boost state revenue by over Rs 65,000 crore but may raise overall project costs for builders.
Despite these increases, Mumbai's property market has seen a significant boost, with home sales up 8.75% and stamp duty collections rising 21.51% in the fiscal year 2025.
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Maharashtra aumenta los costos de transacción de la propiedad en hasta un 10,3%, con el objetivo de aumentar los ingresos estatales.