Maharashtra Amends Land Laws: 3 Major Changes to Boost Investment, Ease Transactions

• Maharashtra Tenancy and Agricultural Lands (Amendment) Bill 2026 passed, aiming to boost industrial investment and remove administrative hurdles.
• The 40 times Nazrana (premium) condition on land sales has been completely abolished, providing relief to tenants.
• Industrial projects now get an additional 3-year extension for completion due to unforeseen circumstances, with authority shifted to the State Government.
• New rules mandate acquiring only 'Class-1' land for industrial clusters; 'Class-2' land requires conversion before purchase.
• Mandatory to inform District Collectors within 30 days of land use change, with a penalty of 5 times the conversion premium for non-compliance.