The Maharashtra State Government will most-likely pass the land title bill in the upcoming assembly season scheduled in mid-Jun. This land bill will make the entire system transparent and will create space for the fair transactions of land. The State Government is planning to clear the long-list of projects as the assembly elections are also approaching in the state.
The state assembly elections are likely to be planned in October.
According to the sources, the Government wishes to make work hassle-free and easier for the citizens by bringing all the property related records under one umbrella instead of segregating it under the registration department.
The officials also said that a couple of pilot projects will be launched in multiple districts after the approval of Maharashtra Land Titling Act. This law will offer a single-window method to authenticate land titles as currently an individual has to ascertain the property title.
According to the proposed system, the title registration officer will have the right to carry out the preparation procedure, preparation, maintenance and updation of the titles register, the officials said.
S Chockalingam, the State settlement commissioner and director of land records said that the introduction of this law will be beneficial for the ease of doing business and will make the process transparent.
Earlier in April his year, the ready reckoner rates popular as circle rates amongst the common people were kept unchanged in Maharashtra for the third consecutive year. The rates of 2017-18 will be applicable for this fiscal year also.
Anil Kawade, Inspector General of Registration, Maharashtra said this by issuing an order recently.
The valuation experts said that it is quite surprising that the circle rates kept unchanged for three years. Also, the unchanged rates don’t reflect the real estate sector.