Days after the Maharashtra government decided to temporarily reduce stamp duty on housing units from 5 percent to 2 percent until December 31, 2020, it has now decided to hike the ready reckoner (RR) rate i by 1.74 percent in the state. The new rates will be applicable from September 12. “It is... Read more...
Property registration activity in Mumbai, declined in the month of August as homebuyers held their registrations back in anticipation of a possible reduction in stamp duty that was announced by the state government last week. The stamp duty collections for the month of August were over Rs 202 cro... Read more...
The Maharashtra government's decision to slash the stamp duty rates for a limited period is unlikely to revive the sluggish real estate sector, according to India Ratings. The state government announced to cut stamp duty to 2 per cent from the current 5 per cent for three months from September to... Read more...
Maharashtra is considering reducing stamp duty on real estate from 5 per cent to 2 per cent in order to give a boost to the industry. In March this year, the new government, in its maiden budget, announced a 1 per cent cut in stamp duty in an effort to breathe new life into the sector, which has ... Read more...
Aug 2020 ,
by Realty Plus in News/Views
The Maharashtra government has decided to slash stamp duty and registration charges to boost the ailing property sector. State revenue minister Balasaheb Thorat has said that the developers body and various stake holders had approached him demanding reducing the stamp duty and registration charge... Read more...
Maharashtra Housing Minister Jitendra Awhad’s bid to fix the rent paid to slum dwellers living in transit during redevelopment between Rs 8,000 and Rs 12,000 has faced strong opposition, including some from within the NCP. About 370 SRA projects are presently stalled for want of liquidity. Earl... Read more...
After cutting premium charges on redevelopment projects of its colonies in the city, Maharashtra Housing and Area Development Authority (MHADA) now wants the state government to charge nominal stamp duty on tripartite agreements signed between them, the developer and residents of the colony for rede... Read more...
Pune Residents can now get the details of their property at the click of mouse where they can generate their digital property card. The state has fixed Rs 135 for residents from PMC, Rs 90 for residents of municipal council while Rs 45 for rural residents as online fees for digital property card. ... Read more...
Jun 2020 ,
by Realty Plus in ALLIED
Embassy Services Pvt. Ltd. (ESPL) in collaboration with the Brihanmumbai Municipal Corporation (BMC) initiated the first of its kind Drone Disinfection Drive in Worli, Mumbai. ESPL through its operational arm, TCFM (Technique Control Facility Management) team assembled the microbial disinfection kit... Read more...
“We have to take the state of Maharashtra ahead, pitch it to the world. I am really keen that Maharashtra will be the first to declare and deliver something for the hotel industry. We have to revive very quickly, take the sector ahead and figure out how we can work with the other sectors. A task f... Read more...