Siddhivinayak expansion: State waives Rs.2.34-cr stamp duty on land acquisition
MUMBAI, Nov. 5 -- The Maharashtra cabinet has approved a stamp duty waiver of Rs.2.32 crore for the Shree Siddhivinayak Ganpati Mandir Trust's acquisition of the adjoining Ram Mansion Cooperative Housing Society in Prabhadevi. This reverses an earlier October 15 order that required the trust to bear all transaction charges.
The Rs.94.12-crore acquisition forms a key part of a Rs.100-crore expansion plan for the 225-year-old temple. Ram Mansion, a three-storey building on a 708-square-metre plot, includes 20 residential and commercial units. The trust is purchasing residential spaces at Rs.66,000 per square foot and commercial spaces at Rs.1.11 lakh per square foot. This expansion aims to upgrade devotee facilities and improve crowd control, reducing the temple's heavy recurring expenses on temporary setups during festivals. The trust is also negotiating to acquire the neighbouring Siddhivinayak CHS to secure a combined 1,800-square-metre area....
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