Daijiworld Media Network - Mumbai

Mumbai, Nov 10: The Maharashtra government has approved the distribution of Rs 421.70 crore in grants to 28 municipal corporations across the state for the financial year 2026-27. The grants, funded through revenue collected from a one per cent stamp duty surcharge, will be provided unconditionally.

Under the provisions of the Maharashtra Municipal Corporations Act, a one per cent stamp duty surcharge is levied on transactions involving the sale, gift and usufructuary mortgage of immovable properties within municipal corporation limits. The revenue collected through this surcharge is distributed among the respective municipal corporations in the form of grants.

Of the total Rs 421.70 crore approved, Pune Municipal Corporation will receive the highest allocation of Rs 109.54 crore, followed by Thane Municipal Corporation with Rs 96.26 crore.

Pimpri-Chinchwad has been sanctioned Rs 47.73 crore, Nashik Rs 21.25 crore, Nagpur Rs 18.19 crore, Navi Mumbai Rs 17.47 crore and Vasai-Virar Rs 17.47 crore.

Mira-Bhayandar Municipal Corporation will receive Rs 16.13 crore, Kalyan-Dombivli Rs 17.14 crore, Panvel Rs 14.30 crore, Amravati Rs 3.67 crore, Solapur Rs 4.32 crore and Kolhapur Rs 3.43 crore.

Municipal corporations in the Mumbai Metropolitan Region account for a significant share of the grant allocation. Apart from Thane, Kalyan-Dombivli, Navi Mumbai, Mira-Bhayandar, Vasai-Virar and Panvel, Bhiwandi-Nizampur will receive Rs 2.70 crore, while Ulhasnagar has been sanctioned Rs 1.80 crore.

In the Vidarbha region, Nagpur will receive Rs 18.19 crore, Amravati Rs 3.67 crore, Akola Rs 2.66 crore and Chandrapur Rs 67 lakh.

In Marathwada, Chhatrapati Sambhajinagar has been allocated Rs 8.48 crore, Nanded-Waghala Rs 2.89 crore, Latur Rs 2.76 crore, Parbhani Rs 73 lakh and Jalna Rs 1.21 crore.

The unconditional grant is intended to provide financial support to the municipal corporations through the revenue generated from stamp duty transactions within their respective jurisdictions.