The Government of Maharashtra on March 05, 2025, notified the Maharashtra Land Revenue Code (Amendment) Bill, 2025 to further amend the Maharashtra Land Revenue Code, 1966.
The following has been sated-
•In section 220 of the Maharashtra Land Revenue Code, 1966, after the second proviso, the following proviso and Explanation shall be added, namely:-
"Provided also that, if the property is not subsequently sold as aforesaid or returned or granted on tenure to the defaulter within a period of twelve years from the date of purchase on behalf of the State Government, the Collector may, by notice to the defaulter or his legal heir, ascertain his willingness to have the land returned back to him; and if the defaulter or his legal heir gives his willingness to have such land returned back and pays an amount of twenty-five per cent. of the market value of such land for the year in which the land is returned or granted to the defaulter or his legal heir within such period, which shall not be less than ninety days, as may be specified by the Collector in the notice issued in this behalf, then the land shall be returned and granted to the defaulter or his legal heir subject to restrictions on right to transfer without prior permission from the State Government.
Explanation. For the purposes of this section, "the market value of such land" means the value of such land specified in the Annual Statement of Rates published under the provisions of the Maharashtra Stamp (Determination of True Market Value of Property) Rules, 1995 or any other Rules for the time being in force, in this regard for the relevant year, and where such Annual Statement of Rates are not prepared or available, it means the value of such land as determined by the Assistant Director of the Town Planning Department of the concerned District.".
[Bill No. 01 of 2025]
