3 - updates found regarding "exceptional project"

central-park

Maharashtra government is expecting the revenue generated in this way to be more than 1000 crores and is planning to fund various projects like nine metro routes and Versova-Bandra sea link in Mumbai with this revenue. The stamps and registration department will collect the revenue and will pass it to the Mumbai metropolitan region development authority (MMRDA), via the Urban Development Department.

Bright real estate consultants are t...

central-park

Property tax is the capitalized and collected as tax, from property owners by municipal corporations, which is used for the development of the locality such as maintenance of roads and allocation of civic facilities like street lighting, drainage systems, parks, etc. The tax is imposed on an annual or half annual basis and is paid to the local municipal corporation. Then the property tax may vary from one  location to the other.

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central-park

Leasehold

1. No outright rights, hence cheaper

2. No legal issues as they are owned by local authorities with clear titles