According to RERA, real estate players had to sell flats as per carpet area. Earlier, in the state flats and houses had to be registered as per super built area.
Stamp Duty In West Bengal: "The further extension will encourage lot of real estate buyers to close their transaction and moreover lot of old customers are likely to register their properties who have not done their registration since the last two decades," said Sushil Mohta, president, Credai West Bengal.
Pointing out that the state administration, especially the police department, often gets complaints from harassed homebuyers about builders who fail to deliver, Banerjee asked Credai to impose self regulation
“Along with the free-hold policy, we are implementing faster clearances,” she added. According to her, if Credai is interested they can take take land from the land bank.
The area recorded 4178 registrations of residential sale agreements in December compared with 2,391 in January 2022 and 3,274 in December. In the last 18 months