Asset Registration

From 2017 to 2026: Assets of several BMC poll candidates see steep jump

Several prominent candidates in the upcoming Mumbai civic polls, including former mayor Kishori Pednekar, have declared a sharp rise in assets since 2017, according to affidavits uploaded by the State Election Commission. As many as 1,700 candidates are in the fray for the 227-ward Brihanmumbai Municipal Corporation (BMC) elections scheduled on January 15. Shiv Sena (UBT) candidate and former city mayor Kishori Pednekar, contesting from Lower Parel (ward 199) in central Mumbai, has declared total assets of Rs 5.26 crore, a 226 per cent increase from Rs 1.61 crore in 2017. Pednekar, who served as Mumbai mayor from 2019 to 2022, has declared immovable and movable assets of Rs 4.69 crore and Rs 57 lakh, respectively. Shiv Sena (Shinde faction) candidate Samadhan Sarvankar, son of former MLA Sada Sarvankar and seeking a second term, has declared assets of Rs 46.59 crore, a steep rise of 394 per cent from Rs 9.43 crore in 2017. The Sena candidate, who has listed his profession as busin

Andaman LG discontinues 'No Dues Certificate' for property registration

The Lieutenant Governor of Andaman and Nicobar Islands and Vice Chairman of Islands Development Agency (IDA), Admiral D K Joshi (Retired) has approved major reforms in the Revenue department by discontinuing 'No Dues Certificate' and 'Non-Encumbrance Certificate' while registering a property. A statement issued by the Lieutenant Governor's office on Friday claimed that the decision was taken to promote ease of doing business. "The discontinuation of 'No Dues Certificate' and 'Non-Encumbrance Certificate' will be effective from June 9," it said. While elaborating more, a senior Raj Niwas official, said, "Earlier, these certificates were mandatory while registration of any property to ascertain any revenue due. The administration under the guidance of Lieutenant Governor felt that since the Sub-Registrar verifies revenue receipts during property registration, there is no need to get separate 'No Dues Certificate' and 'Non-Encumbrance Certificate'. This will bring a huge relief for the

Mumbai property registrations rise 12% in April to 13,080 units: Report

Registration of properties in the Mumbai municipal region rose 12 per cent to 13,080 units in April on better housing demand, according to Knight Frank India. There were 11,648 units registered during April 2024. In a statement on Wednesday, real estate consultant Knight Frank India said Mumbai city, under the jurisdiction of the Brihanmumbai Municipal Corporation (BMC), recorded 13,080 property registrations during April. The data, which relates to both primary and secondary market transactions, is as of 8.50 pm on Wednesday. The number might increase slightly. In March 2025, the total registration of properties stood at 15,501 units. Knight Frank said this is the best April in the last 13 years in terms of property registrations.

Strong demand outlook to benefit Mumbai-based real estate players

For the nine-month period (April to December 2024), 1.04 lakh units were registered. This was 9 per cent more on a Y-o-Y basis and was valued at Rs 1.56 trillion

Zero registration fee for hybrid cars in UP raises the bar in NCR

Around 100 strong hybrid cars were sold per month in Uttar Pradesh in FY24

Gujarat starts video recording of non-agricultural asset registration

In case of power of attorney documents, recording of questionnaires of both the parties will be done by the department, said the notification