In Mumbai’s construction industry, where a few hundred square metres of additional construction spaces can translate into crores of rupees, TDR certificates are the equivalent of the stock of blue-chip companies.
Union Finance Minister Arun Jaitley had spelt out a similar route for infrastructure projects taken up by the ministries of railways and road transport in the Centre’s Budget, an approach that invited criticism from P Chidambaram.
The Centre’s much-touted real estate Bill, approved by the Rajya Sabha on Thursday, has nullified a provision made by the Maharashtra government that permits it to grant “deemed” conveyance of lands to housing societies where building firms or land owners are refusing the mandatory transfer of land titles. That is because the Centre’s Bill does […]
In December, Fadnavis, who was reportedly unhappy with the performance of the water resources department, had appointed Mendhegiri, who is seen as a whistleblower in the multi-crore irrigation scam, as an advisor to the Maharashtra government.
Maharashtra Finance Minister Sudhir Mungantiwar discusses plans to push allied farm businesses and open up new avenues for distressed farmers in his 2016-17 budget. He spoke to Sandeep Ashar on challenges before state’s economy.
The plan was to introduce GST from April 1, 2016. For this, the state had been pushing the Centre to put in place a special mechanism to compensate large manufacturing states for five years in the first phase of the GST.