Maharashtra to Launch One State, One Registration Scheme by April: IGR
17 Jan 2025
3 Min Read
CW Team
By the end of April, citizens will be able to register land or property documents at any sub-registrar office, irrespective of the property's location. This initiative is part of the "one state, one registration" scheme, which was recently announced by Chief Minister Devendra Fadnavis, according to Ravindra Binwade, the inspector general of registration and stamps, who shared this information.
Binwade explained that a resident of Mumbai will no longer need to travel to Pune to execute a sale deed for a property. They will be able to visit their local sub-registrar office instead. He added that the aim of this change is to reduce congestion in registration offices and shorten processing times.
The registration and stamps department is working against time to meet the CM鈥檚 100-day deadline, focusing on upgrading both hardware and software. The department is collaborating with the National Informatics Centre to improve its systems, with plans to ensure that all 519 sub-registrar offices across Maharashtra can handle documents from any location, Binwade said after leading a meeting with officials to ensure adherence to the project鈥檚 timeline.
E-registration for first-sale properties by builders is already operational, and the department plans to extend its digital services to reduce foot traffic in offices. Binwade added that they are assessing office utilisation patterns and that underperforming offices might be closed, while districts with insufficient facilities will receive new ones.
Property experts have praised the initiative but raised concerns. A member of a real estate brokers鈥� association commented that while this will end the need to travel long distances and book hotels, it is important to maintain robust checks. The same sentiment was shared by Meena Kaushik, a resident of Satara, who owns property in Pune. She noted that the initiative would significantly reduce unnecessary crowding at offices.
Binwade, who recently succeeded Hiralal Sonawane as the IGR, mentioned that the department is reviewing existing procedures and regulations. He stated that necessary amendments would be made to ensure a smoother process and eliminate corruption.
Another official highlighted that the initiative aligns with the CM鈥檚 vision of implementing faceless technology to simplify document registration, marking a significant step in the revenue department鈥檚 modernization.
In a separate development, senior registration officials revealed that discussions on whether the ready reckoner rates should be increased or decreased are underway at the district level with input from all stakeholders. The data will be submitted to IGR Binwade by the end of February, who will then present a consolidated report to the state government. The state last revised the ready reckoner rates in 2022.
The final decision on whether to adjust the rates or maintain the status quo will be made by the state government, sources from the registration department confirmed.
By the end of April, citizens will be able to register land or property documents at any sub-registrar office, irrespective of the property's location. This initiative is part of the one state, one registration scheme, which was recently announced by Chief Minister Devendra Fadnavis, according to Ravindra Binwade, the inspector general of registration and stamps, who shared this information.
Binwade explained that a resident of Mumbai will no longer need to travel to Pune to execute a sale deed for a property. They will be able to visit their local sub-registrar office instead. He added that the aim of this change is to reduce congestion in registration offices and shorten processing times.
The registration and stamps department is working against time to meet the CM鈥檚 100-day deadline, focusing on upgrading both hardware and software. The department is collaborating with the National Informatics Centre to improve its systems, with plans to ensure that all 519 sub-registrar offices across Maharashtra can handle documents from any location, Binwade said after leading a meeting with officials to ensure adherence to the project鈥檚 timeline.
E-registration for first-sale properties by builders is already operational, and the department plans to extend its digital services to reduce foot traffic in offices. Binwade added that they are assessing office utilisation patterns and that underperforming offices might be closed, while districts with insufficient facilities will receive new ones.
Property experts have praised the initiative but raised concerns. A member of a real estate brokers鈥� association commented that while this will end the need to travel long distances and book hotels, it is important to maintain robust checks. The same sentiment was shared by Meena Kaushik, a resident of Satara, who owns property in Pune. She noted that the initiative would significantly reduce unnecessary crowding at offices.
Binwade, who recently succeeded Hiralal Sonawane as the IGR, mentioned that the department is reviewing existing procedures and regulations. He stated that necessary amendments would be made to ensure a smoother process and eliminate corruption.
Another official highlighted that the initiative aligns with the CM鈥檚 vision of implementing faceless technology to simplify document registration, marking a significant step in the revenue department鈥檚 modernization.
In a separate development, senior registration officials revealed that discussions on whether the ready reckoner rates should be increased or decreased are underway at the district level with input from all stakeholders. The data will be submitted to IGR Binwade by the end of February, who will then present a consolidated report to the state government. The state last revised the ready reckoner rates in 2022.
The final decision on whether to adjust the rates or maintain the status quo will be made by the state government, sources from the registration department confirmed.
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..