Harshad Kashaalkar, Loksatta
alibag : Land deals have resumed in Raigad district. As a result of this transaction, stamp duty of Rs 9,134 crore has been collected in the last five years in the district. 1 lakh 26 thousand 299 documents were registered in the last year, from which a record stamp duty of Rs 2 thousand 161 was collected.
A nationwide lockout was imposed on March 20 due to the start of the corona outbreak, which also affected the diarrhea record. Diarrhea registration stagnated. The construction industry was also affected by the recession. Land deals stalled. The state was in the midst of a recession. There was a huge shortfall in state revenue. Now, however, it appears that the mud has been removed and land deals have begun in earnest. As a result, the economy has gained momentum.
The district had collected a stamp duty of Rs 1,743 crore for diarrhea registration in the year 2019-20. In 2020-21, due to Karona restrictions, land transactions came to a standstill. As a result, there was a sharp drop in revenue from land transactions. Rs 1,470 crore of stamp duty was collected during the year. In other words, stamp duty revenue was reduced by Rs 300 crore in 20-21 compared to 19-20. Thus, the government had reduced the stamp duty by keeping the ready meter rates constant. This had a positive effect. Diarrhea log revived. Improved during 2021-22. A record 2,161 stamp taxes were collected in the district during the year.
Land transactions have increased in Panvel, Uran, Khalapur, Karjat, Alibag, Pen and Roha talukas. The recession in the construction industry has largely subsided. Construction companies are also booming. This has also brought relief to the workers involved in the business.
* The stamp duty concession gave impetus to the construction business. Alibag is also preferred as a weekend destination while Karjat Khalapur area is preferred as a farm destination. Therefore, builders have also undertaken large-scale housing projects in the Raigad district.
* The important thing is that the rate of home purchase in this project is good throughout the year. Cricketer Rohit Sharma, actor Ranveer Singh, Deepika Padukone, smart group Radhakrishna Damani have bought land worth crores in Alibag area. The Hiranandani project has also undertaken a major project in the Nagaon area.
The recession of the Corona period has gradually receded. Infrastructure has also been developed in the area. Investors flock to the Raigad district. As a result, the number of diarrhea records has increased significantly.
– Add. First of all Patil.
Year Daily Registration number Stamp duty deposit (in millions of rupees)
2017-18 1 lakh 10 thousand 515 1785
2018-19 1 lakh 14 thousand 850 1978
2019-20 1 Lakh 09 thousand 741 1743
2020-21 1 lakh 02 thousand 336 1470
2021-22 1 lakh 26 thousand 299 2161
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