Aug 26, 2020
Maharashtra cuts stamp duty for deals until March end; Move likely to push realty demand
Maharashtra cuts stamp duty for deals until March end; Move likely to push realty demand
The government of Maharashtra has reduced the stamp duty on property registrations to 2% for transactions between September 1 and December 31 from current 5%. The stamp duty will be 3% for agreements to be registered between January 1 and March end.
The move, apart from supporting the state exchequer, is expected to support the revival of sluggish real estatemarket in the state including Mumbai,…
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