‘No coordination between housing, revenue depts’
Housing activists say that the 2010 Ready Reckoner ‘fleeces the buyers’. The Ready Reckoner has not just increased stamp duty fees, but has also failed to solve discrepancies in levying it.mumbai Updated: Jan 12, 2010 01:15 IST
Housing activists say that the 2010 Ready Reckoner ‘fleeces the buyers’. The Ready Reckoner has not just increased stamp duty fees, but has also failed to solve discrepancies in levying it.
Although the government has asked developers to charge buyers on basis of the carpet area of a flat, when it comes to stamp duty charges, it still insists on the built-up area of the flat. The state hiked the ready reckoner rates by 15 percent this year.
“There is absolutely no coordination between the housing department (which insists on carpet area) and the revenue (which collects Stamp duty charges) department. They work according to their own whims,” charged Shreedhar Sharma, President, Revathy Foundation, an NGO which works for the housing sector.
There have been amendments in the Maharashtra Ownership Flats Act and even the vision document in the Maharashtra Housing Policy outlined the need for selling on the basis of the carpet area.
“The whole system is biased and favours the builders while the buyers get a raw deal. There are powerful lobbies at work,” said Advocate Vinod Sampat, President, Cooperative Housing Society Residents Users and Welfare Association.
Meanwhile, builders charge according to the super built up area despite the amended act introduced two years ago, which mandates sale on carpet area.
“On one hand, the government talks of affordable housing and on the other it burdens homebuyers,” said Pravin Doshi, President, Maharashtra Chambers of Housing Industry, the apex body of the builders.
The state has agreed to the discrepancies. “We are working on the draft of creating a regulatory authority which will take a holistic view of the entire housing industry,” said Sachin Ahir, minister of State for Housing.