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By:

Correspondent

23 August 2024 at 4:29:04 pm

Deadly Commute

Mumbai has always taken pride in its local trains, which have been celebrated as the city’s lifeline. It has long been a democratic institution that carries millionaires and labourers alike, and a symbol of the resilience that Mumbaikars so often boast about. The brutal murder of a 22-year-old passenger inside a moving local has exposed a darker reality. The city’s most cherished public service is no longer merely overcrowded and uncomfortable but is becoming steadily unsafe. The victim,...

Deadly Commute

Mumbai has always taken pride in its local trains, which have been celebrated as the city’s lifeline. It has long been a democratic institution that carries millionaires and labourers alike, and a symbol of the resilience that Mumbaikars so often boast about. The brutal murder of a 22-year-old passenger inside a moving local has exposed a darker reality. The city’s most cherished public service is no longer merely overcrowded and uncomfortable but is becoming steadily unsafe. The victim, travelling in a first-class compartment of a Churchgate-Nallasopara fast local, became embroiled in an argument over whether the train door should be kept open during heavy rain. The disagreement escalated into fatal violence after the accused pulled out a knife and stabbed him in the abdomen. As blood pooled on the floor of the compartment, passengers merely stood there watched in horror. A video of the aftermath showed the alleged killer walking away with the weapon in hand without anybody stopping him. For years, a rough but effective social order prevailed in the Mumbai local train. While commuters may have jostled for space and exchanged harsh words, there remained an unwritten code of conduct for keeping outright criminality at bay. Mumbai’s trains have long been dangerous in one sense. Every year, hundreds die while crossing tracks, hanging from footboards or falling from overcrowded coaches. But passengers rarely feared being murdered inside the compartment itself. S Even more troubling was the reaction of those present. The footage suggests that dozens of passengers chose self-preservation over intervention. While few citizens would willingly confront an armed attacker, the images nonetheless reveal a growing atomisation of urban life. Millions travel together every day, but increasingly as strangers who feel no responsibility towards one another. Mumbai’s famed collective spirit has now become a slogan repeated only after disasters rather than a reality visible in everyday life. The authorities, too, have questions to answer. How did an individual carrying a knife manage to board and travel through one of the busiest suburban rail networks in the world? Why does visible security remain so sparse despite years of promises about surveillance, modernisation and passenger safety? The Railways have invested heavily in technology, announcements and infrastructure upgrades. Yet commuters continue to encounter inadequate policing and an absence of deterrence. The larger concern is cultural. Across India’s cities, there is evidence of rising public aggression. Minor disagreements increasingly escalate into violence. Road-rage incidents, neighbourhood disputes and social-media-fuelled confrontations frequently end in bloodshed. Patience, compromise and restraint appear to be in retreat. Mumbai likes to imagine itself as different from the rest of India. The local train murder suggests otherwise. A city is judged not by its skyline but by the safety of its ordinary spaces. When passengers can no longer assume that they will return home alive from a routine train journey, something fundamental has gone wrong.

No hike in ready reckoner rates

Real estate sector welcomes move

Mumbai: The Maharashtra government has kept the Annual Statement of Rates (ASR), or ready reckoner rates, unchanged for the financial year 2026–27, signalling a calibrated approach aimed at maintaining stability in the real estate sector amid evolving economic conditions. The decision was announced by the Office of the Inspector General of Registration and Controller of Stamps, Pune.


Under the Maharashtra Stamp (Determination of True Market Value of Property) Rules, 1995, ASR rates are revised annually and come into effect from April 1. These rates serve as the benchmark for property valuation for stamp duty and registration. Over the years, the state has followed a cautious revision strategy. After a 5.86 per cent increase in 2017–18, rates were kept unchanged in 2018–19 and 2019–20 due to a sectoral slowdown. During the pandemic-hit 2020–21, the revision was delayed until September and limited to 1.74 per cent.


For 2026–27, however, the government has opted for a complete status quo, with no increase across the state. The move follows representations from industry bodies, including CREDAI, citing global economic uncertainty and a moderation in real estate activity.


Long Process

The ASR determination process involves multi-level consultations. District-level meetings are held with developers, document writers and other stakeholders, while public representatives’ inputs are incorporated through discussions chaired by district collectors. Objections and suggestions received during this process are evaluated before finalisation.


Even as base rates remain unchanged, the government has introduced technical and administrative refinements to better reflect on-ground realities. In urban areas, changes in Development Plans (DPs) have been factored in. Adjustments have also been made in line with regional and local planning schemes, including revisions to valuation zones and sub-zones. Updates such as correction of village names, inclusion of new hamlets, and changes in survey and group numbers have been carried out. Micro-level adjustments through sub-classification have also been introduced.


Strong Growth

Meanwhile, Maharashtra has recorded strong growth in property registrations and stamp duty collections over the past three financial years. The number of registered documents rose from 27.9 lakh in 2023–24 to 43.12 lakh in 2024–25, and further to 45.60 lakh in 2025–26. Revenue collections under the 0030 head (stamp duty and registration fees) increased from Rs 50,042.80 crore in 2023–24 to Rs 58,266.07 crore in 2024–25, and further to Rs 60,568.94 crore in 2025–26.


Monthly trends remained robust, with March 2026 recording the highest collection at Rs 6,641.61 crore, while December also posted strong inflows at Rs 5,595.35 crore.


President of CREDAI-MCHI Sukhraj Nahar said, “The State Government has taken a significant and timely decision to maintain status quo on Ready Reckoner Rates for FY 2026–27, effective from 1st April. This important relief to the real estate sector comes in the backdrop of persistent global economic uncertainties and rising construction costs. The decision reflects the Government’s sensitivity to industry concerns and its commitment to sustaining growth and housing supply.”


“We would like to share that CREDAI-MCHI had made strong representations to the Government, highlighting the adverse impact of any increase in Ready Reckoner Rates under the current circumstances. We are glad that our suggestions have been duly considered.”


“This decision will go a long way in maintaining project viability, supporting housing demand and ensuring continued momentum in development activity,” he added.

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