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Maharashtra Stamp Duty Charges: Realtors urge Maharashtra govt to reduce stamp duty as registrations, collection take a hit

In separate letters to Chief Minister Udhav Thackeray, Finance Minister and Deputy Chief Minister Ajit Pawar and Revenue Minister Balasaheb Thorat, developers body CREDAI MCHI has requested the government to reintroduce the waiver by reducing stamp duty charges to 2% in Mumbai given the impact of second wave of Covid19 pandemic. ....

Ajit Pawar , Balasaheb Thorat , Udhav Thackeray , Deepak Goradia , Chief Minister Udhav Thackeray , Finance Minister , Deputy Chief Minister Ajit Pawar , Revenue Minister Balasaheb Thorat , Inspector General , Maharashtra Stamp Duty Charges , Property Registrations , Stamp Duty , Maharashtra Real Estate , அஜித் பவார் , பலசாஹெப் தோராத் , உதவ் தாக்கரே , தீபக் கோரடிய , தலைமை அமைச்சர் உதவ் தாக்கரே , நிதி அமைச்சர் , துணை தலைமை அமைச்சர் அஜித் பவார் , வருவாய் அமைச்சர் பலசாஹெப் தோராத் , இன்ஸ்பெக்டர் ஜநரல் , ப்ராபர்டீ பதிவுகள் , முத்திரை கடமை , மகாராஷ்டிரா ரியல் எஸ்டேட் ,

Mumbai leads in property registration in a decade in April; over 10,136 completed deals

Mumbai leads in property registration in a decade in April; over 10,136 completed deals
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Mumbai leads in property registration in a decade with over 10,136 completed deals for April. Citing data from the Inspector General of Registration, Maharashtra, a report in
Economic Times said the completed deals led to stamp duty revenue collection of Rs 514 crore in April.
Buoyed by a cut in stamp duty along with resurgence in realty demand, housing sales in Mumbai in March 2021 increased 234 percent over the same period last year, according to a report by Knight Frank India.
While March 2020 noted registrations of 3,798 units, March 2021 saw 12,696 units being registered, said the report. ....

New Delhi , Kala Ghoda , Inspector General , Economic Times , Knight Frank , Bandra Linking Road , Khan Market , Real Estate , Stamp Duty , Property Registrations , Stamp Duty Revenue , புதியது டெல்ஹி , கலா கோடா , இன்ஸ்பெக்டர் ஜநரல் , பொருளாதார முறை , நைட் வெளிப்படையான , பாந்த்ரா இணைத்தல் சாலை , காந் சந்தை , ரியல் எஸ்டேட் , முத்திரை கடமை , ப்ராபர்டீ பதிவுகள் ,

Maharashtra to reinstate 5% stamp duty on property registrations

Maharashtra to reinstate 5% stamp duty on property registrations
The state government had slashed the stamp duty charges to two per cent between August and December last year to boost the real estate market, which was facing a slowdown due to COVID-19 and the subsequent lockdown
PTI | April 1, 2021 | Updated 12:01 IST
The Maharashtra government on Wednesday decided not to extend the two per cent stamp duty waiver on property registrations from April. It said it would reinstate its earlier system of five per cent stamp duty on property registrations from Thursday.
The state government had slashed the stamp duty charges to two per cent between August and December last year to boost the real estate market, which was facing a slowdown due to COVID-19 and the subsequent lockdown. It was made three per cent between January 1 and March 31. ....

Ajit Pawar , Revenue Minister Balasaheb Thorat , Chief Minister Ajit Pawar , Property Registrations , Stamp Duty , Stamp Duty On Property Registrations , Maharashtra Property Registrations , Real Estate Market , Maharashtra Stamp Duty , Maharashtra Stamp Duty On Property Registrations , Maharashtra Revenue Minister , Balasaheb Thorat , அஜித் பவார் , வருவாய் அமைச்சர் பலசாஹெப் தோராத் , தலைமை அமைச்சர் அஜித் பவார் , ப்ராபர்டீ பதிவுகள் , முத்திரை கடமை , முத்திரை கடமை ஆன் ப்ராபர்டீ பதிவுகள் , மகாராஷ்டிரா ப்ராபர்டீ பதிவுகள் , ரியல் எஸ்டேட் சந்தை , மகாராஷ்டிரா முத்திரை கடமை , மகாராஷ்டிரா முத்திரை கடமை ஆன் ப்ராபர்டீ பதிவுகள் , மகாராஷ்டிரா வருவாய் அமைச்சர் , பலசாஹெப் தோராத் ,

5% stamp duty for property registrations restored in Mumbai | Mumbai News

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In a setback to the real estate industry as well as flat buyers, the state government on Wednesday decided not to extend the cut on stamp duty on property registrations. Ready reckoner (RR) rates, though, remain unchanged for the 2021-22 financial year.
The slashing of stamp duty in Mumbai from 5% to 2% from September to December 2020, and 3% till March 31, 2021, had boosted residential realty sales.
On a brighter note, the 1% stamp duty waiver for women home buyers, as announced in the state budget on March 8, would come into effect from Thursday. The concession is only for residential units and not for land. Besides, the concession will not be applicable if there is a male co-owner of the unit. ....

Balasaheb Thorat , Niranjan Hiranandani , Shantilal Kataria , Shravan Hardikar , Satish Magar , Hiranandani Group , Real Estate Developer Associations , Annual Statement Rate , Maharashtra Stamp , True Market Value , Mumbai News , Mumbai Latest News , Mumbai News Live , Mumbai News Today , Today News Mumbai , Real Estate Industry , Property Registrations , Property Registration , Flat Buyers , பலசாஹெப் தோராத் , நிரஞ்சன் ஹிரானந்தனி , சாந்திலால் கட்டாரியா , ஷ்ரவன் ஹார்டிகர் , சத்தீஷ் மகர் , ஹிரானந்தனி குழு , ரியல் எஸ்டேட் டெவலப்பர் சங்கங்கள் ,

Maharashtra govt to reinstate 5% stamp duty on property registrations

Wednesday decided not to extend the two per cent stamp duty waiver on property registrations from April.
It said it would reinstate its earlier system of five per cent stamp duty on property registrations from Thursday.
The state government had slashed the stamp duty charges to two per cent between August and December last year to boost the real estate market, which was facing a slowdown due to COVID-19 and the subsequent lockdown. It was made three per cent between January 1 and March 31.
State Revenue Minister Balasaheb Thorat on Wednesday said that there would not be any changes in the stamp duty rates announced in September last year. ....

Ajit Pawar , Revenue Minister Balasaheb Thorat , Chief Minister Ajit Pawar , Stamp Duty , Maharashtra Government , Property Registrations , அஜித் பவார் , வருவாய் அமைச்சர் பலசாஹெப் தோராத் , தலைமை அமைச்சர் அஜித் பவார் , முத்திரை கடமை , மகாராஷ்டிரா அரசு , ப்ராபர்டீ பதிவுகள் ,