Apr 01, 2021 04:11 PM IST
Rs 875 crore collected as stamp duty in Mumbai in March 2021 – the highest in the city in the last seven months. Regular stamp duty rate of 5 percent will be applicable from April 1, 2021.
Mar 31, 2021 12:40 PM IST
A stamp duty cut by the Maharashtra government, low interest rates, discounts offered by developers and the Covid-19 induced price correction saw the Mumbai registrar’s coffers swell as homebuyers made the most of the opportunity and came forward to buy property.
Mar 15, 2021 01:22 PM IST
Unlike in other states, property registration in Maharashtra is done at the time of sale soon after the booking amount is paid.
Mar 08, 2021 06:21 PM IST
Real estate developers said the move will provide a further boost to housing sales in the state
Feb 03, 2021 05:57 PM IST
Several high-value deals were concluded in December to meet the state’s deadline for a 2 percent stamp duty cut.
Jan 15, 2021 11:30 AM IST
Bollywood actor Karisma Kapoor and mother Babita Kapoor sell posh apartment at Khar in Mumbai, joining list of celebrities and industrialists who are making the most of a real estate boom in India’s financial capital.
Jan 14, 2021 09:52 PM IST
Some real estate brands in Mumbai witnessed luxury home sales worth over Rs 500 crore on the back of stamp duty cut and festive offers.
Jan 12, 2021 07:11 PM IST
Reports by real estate consultants and analysts are typically euphoric, but they gloss over actual events, including that several transactions that were hanging were concluded due to the recent stamp duty in Maharashtra.
Nov 05, 2020 11:28 AM IST
Stamp duty cut, festive offers and availability of ready stock helped boost sales in these luxury hotspots; of the current 11,300 unsold units in these luxury localities, up to 10% is ready-to-move-in