Oct 12, 2021 08:11 PM IST
Experts say that while this may reduce corporation tax collections on sale of properties due to the lower rate at which properties would be taxed, the number of transactions may increase bringing in more revenue to the exchequer.
- Sep 30, 2021 02:26 PM IST
As far as stamp duty is concerned, around Rs 515 crore has been the collection until September 29, 2021.
- Sep 30, 2021 12:29 PM IST
After Maharashtra government decided to offer a seven-month stamp duty waiver, 19,600 properties were registered in MMR in December 2020; 10,442 in January 2021 when stamp duty was at the rate of 3% and 17,091 until March 31, 2021. Delhi has not witnessed such a trend
- Jul 30, 2021 04:42 PM IST
Registrations touch over 9,000 housing units compared to 7,851 units in June 2021 which is an increase of 15 percent; The number has risen by almost 20 percent compared to July 2019 when 7,534 units were registered.
- Jul 16, 2021 09:51 PM IST
The minister in a series of tweets said the new rules aim to preserve and promote the heritage of vintage vehicles and will provide hassle-free processing while registering new vehicles and retention of old numbers for already registered vehicles.
- Jun 01, 2021 05:34 PM IST
The number of new units sold in May 2021 more than doubled from the previous month despite the 47% MoM fall in registrations, which suggests that the market has started picking up despite the current lockdown restrictions although the numbers are much lower than the pre-pandemic level.
- Mar 31, 2021 08:04 PM IST
Status quo on Ready Reckoner Rates; 1% stamp duty for women homebuyers to be applicable from April 1, 2021
- Mar 25, 2021 05:42 PM IST
Apartments worth Rs 38,343 crore have been sold till date in 2021; Total expected registrations to be upwards of 17,800 units for March 2021
- Mar 17, 2021 02:15 PM IST
Property registrations have increased by 10-20% recently with several international firms such as Ikea investing in the region, sources said
- Mar 01, 2021 02:45 PM IST
The department of registration and stamps collected around Rs 352 crore in revenue in February 2021.
- Feb 15, 2021 12:59 PM IST
While property registrations are gradually inching up, the department is behind meeting its revenue target for this fiscal
- Dec 09, 2020 04:51 PM IST
At 9,301 units registered in November 2020, the residential sector of Mumbai recorded the highest-ever registrations in the month of November over the last nine years.
- Nov 24, 2020 01:12 PM IST
The last few months have seen a slew of high-end properties getting registered in the city following stamp duty cuts announced by the state government. The number of real estate transactions in Mumbai touched 8,000 in October compared to 5,811 in 2019.
- Oct 09, 2020 03:08 PM IST
Trend likely to continue in the next two months on account of offers and schemes by real estate developers to push sales
- Oct 01, 2020 05:28 PM IST
Sale registrations in the state are at over 90 percent of pre-COVID levels, shows an analysis by Propstack.
- Sep 04, 2020 10:49 AM IST
Mumbai stamp duty numbers are likely to go up during the festival season after pitru paksha ends
- Aug 11, 2020 05:54 PM IST
Homebuyers say that they have waited far too long and want their homes to be registered at the earliest
- Jun 17, 2020 01:26 PM IST
Measure taken to safeguard interests of homebuyers, ensure that projects do not get stalled due to disruptions caused by COVID-19 pandemic and flats get delivered albeit with some delay, he said in a series of tweets
- May 13, 2020 10:27 AM IST
The move comes in the wake of some sub-registrar offices demanding to register the built-up area along with the UDS of land, causing great hardship besides forcing homebuyers to incur huge expenses
- Jul 31, 2019 05:10 PM IST
This will help new vehicle buyers save on extra registration costs charged by dealers for this service.
- Apr 22, 2019 07:13 PM IST
Most developers either did not have maps sanctioned by competent authority or the documentation in place. All of them would now have to reapply for RERA registration after completing all formalities.
- Mar 16, 2018 08:55 PM IST
Government has been apprised of the fact that in the Gautam Buddha Nagar locality alone, 16,197 flats have been allocated to buyers without proper registration.
- Jun 30, 2017 01:56 PM IST
Under GST regime, all under-construction properties will be charged at 12 percent. But it excludes stamp duty and registration charges; home buyers may defer purchases till clarity emerges
- May 18, 2017 08:00 AM IST
The Indian real estate sector has been largely unregulated except for a few states like Maharashtra, Uttar Pradesh, Andhra Pradesh, Delhi and Karnataka. Any pro-consumer development was solely a result of judicial activism. This R
- Apr 21, 2017 02:00 PM IST
A draft of a scheme to regularise unapproved housing plots and layouts in Tamil Nadu, has already been prepared and was under circulation, Advocate General R Muthukumaraswamy informed the Madras High Court, on April R