stamp duty cut
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  • Properties worth Rs 1.2 lakh crore registered in Mumbai since stamp duty cut in August 2020 Apr 01, 2021 04:11 PM IST

    Properties worth Rs 1.2 lakh crore registered in Mumbai since stamp duty cut in August 2020

    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.

  • Last day of stamp duty cut: 17,091 property registrations in Mumbai so far, numbers may touch 95% of December figure Mar 31, 2021 12:40 PM IST

    Last day of stamp duty cut: 17,091 property registrations in Mumbai so far, numbers may touch 95% of December figure

    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.

  • Why are other states unable to roll out stamp duty cut like Maharashtra to boost housing demand? Mar 15, 2021 01:22 PM IST

    Why are other states unable to roll out stamp duty cut like Maharashtra to boost housing demand?

    Unlike in other states, property registration in Maharashtra is done at the time of sale soon after the booking amount is paid.

  • Women's Day: Maharashtra government announces 1% stamp duty cut for women homebuyers Mar 08, 2021 06:21 PM IST

    Women's Day: Maharashtra government announces 1% stamp duty cut for women homebuyers

    Real estate developers said the move will provide a further boost to housing sales in the state

  • Mumbai industrialist buys four luxury apartments in Mumbai for Rs 80 crore Feb 03, 2021 05:57 PM IST

    Mumbai industrialist buys four luxury apartments in Mumbai for Rs 80 crore

    Several high-value deals were concluded in December to meet the state’s deadline for a 2 percent stamp duty cut.

  • Actor Karisma Kapoor sells Mumbai apartment for Rs 10.11 crore Jan 15, 2021 11:30 AM IST

    Actor Karisma Kapoor sells Mumbai apartment for Rs 10.11 crore

    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.

  • Luxury properties priced above Rs 7 crore raked in the moolah in Mumbai Jan 14, 2021 09:52 PM IST

    Luxury properties priced above Rs 7 crore raked in the moolah in Mumbai

    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.

  • How research reports mask the (grim) realities of real estate Jan 12, 2021 07:11 PM IST

    How research reports mask the (grim) realities of real estate

    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.

  • Luxury homes worth Rs 500 crore sold in Mumbai: What do the numbers reveal? Nov 05, 2020 11:28 AM IST

    Luxury homes worth Rs 500 crore sold in Mumbai: What do the numbers reveal?

    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

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