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Good news! Real estate to get cheaper in Maharashtra; hereâs why
This decision by the government will reduce the expenses on real estate projects which in turn will reduce the prices for home buyers. Real estate is set to get cheaper in Maharashtra.
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Updated: Dec 23, 2020, 11:43 PM IST
There might be some good news in store for home buyers in Maharashtra. After reducing stamp duties in the state from 5 percent to 2 percent until December 31, 2020, to boost residential sales, the Maharashtra government is now considering reduction in the premiums on real estate projects by at least half, following recommendations of the Deepak Parekh Committee.