New property cards for flat owners across Maharashtra PUNE: All flat owners in the state will soon get additional property cards, That contains details such as carpet area, amenity space and bank loan information, along with their 7/12 extracts. The 7/12 extract is an extract of the property register maintained by the revenue department of the governments of Maharashtra. In rural areas, the ownership of a particular Plot of land can be established on the basis of the 7/12 extract. The Maharashtra government on Wednesday released the “vertical property rules” to create a database of all flats, homes and commercial complexes in a bid to check fraudulent transactions. “The government will soon put up the draft for instructions and objections,” said by a senior government official. The Settlement Commissionerate and Directorate of Land Records had been pushing the proposal to ensure that city survey offices in urban areas and collectorates in the rural belt have detailed record...