Pune, 26th March 2025: In anticipation of a potential hike in ready reckoner rates from April 1, all sub-registrar offices across Maharashtra will remain open this weekend, allowing citizens to complete property registrations before the financial year ends.
The Maharashtra Registration and Stamp Department has announced that all 517 property registration offices in the state will be operational from March 29 (Saturday) to March 31 (Monday). This decision, outlined in a circular issued by Deputy Inspector-General of Registration Udayraj Chavan, ensures that property buyers can complete transactions despite the upcoming public holidays for Gudi Padwa, Id, and the fiscal year-end.
“The directive has been issued to ensure that registration services are available even on festival days,” Chavan stated. “District registrars and stamp collectors have been instructed to ensure adequate staff is present to manage the anticipated rush.”
Many homebuyers rush to register their properties before April 1 each year to avoid a potential increase in property prices and stamp duty. A senior official from the registration department confirmed the increased demand, stating, “We have been witnessing a significant rise in people looking to finalize their property transactions before the financial year ends. Keeping the offices open will help facilitate smooth processing and meet our annual revenue targets.”
The registration department’s revenue target for this fiscal year stands at ₹55,000 crore, with 98% of the goal already achieved. With the extended working hours, authorities expect to reach or exceed this target by the end of the month.
This move is expected to benefit both homebuyers and developers, ensuring transactions are completed without delays. Property buyers are advised to take advantage of the extended service period to avoid any last-minute rush.