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Mumbai Property Registrations Climb 8% to 14,150 Units in March: Knight Frank Report

New Delhi, Mar 31 - The real estate market in Mumbai has shown a robust performance this March, with property registrations in the city witnessing an 8% increase compared to the same period last year. According to a report by real ...

Draft Indian Stamp Bill 2023: Modernizing Stamp Duty Provisions

The finance ministry has invited public suggestions on the draft Indian Stamp Bill, 2023, which aims to align stamp duty provisions with the modern regime. Stakeholders can submit their suggestions within 30 days....

Total Annual Collection Of India From Stamp Duty & Registration Charges Jump

Motilal Oswal Financial Services Ltd. in its recent study cited that the cumulative revenue collection from stamp duty and registration charges (SD&RCs) from 27 states and one union territory (J&K) in India was recorded at INR 17,11,502 million (mn) / INR ...

Home Sales In Kolkata Jump 62 Percent In 2021: Report

The residential market in the metropolis witnessed a 62 per cent growth Y-o-Y in 2021 with 14,405 housing units sold during the year, according to a report released on Thursday. New launches also saw a whopping rise of 81 per cent ...

Maharashtra Government Reinforces 5% Stamp Duty Charges On Property Purchase

On Wednesday, the Maharashtra state government decided that it shall not extend the 2 percent stamp duty waiver on real estate registration. And in fact would reinforce the original rate of 5 percent on property registration beginning April. ...

Karnataka Reduces Stamp Duty On Apartments To 3%

On Monday, Karnataka Chief Minister announced lowering in of stamp duty for apartments costing between Rs. 35 lakh to Rs. 45 lakh to 3% from 5%. The announcement was made while the Karnataka Budget for the fiscal year 2021-22 was ...

4 Changes In Stamp Duty That Will Affect Your Stock, Mutual Fund Purchases

The Ministry of Finance had recently announced certain changes in stamp duty on financial securities which have come into effect from 1 July 2020. These changes were proposed to be implemented in April but were deferred to July. ...

Flats Below Rs 35 Lakh In Bengaluru To Get Cheaper As Karnataka Cuts Stamp Duty

On Tuesday, the Karnataka government announced a reduction in registration stamp duty from 5 percent to 3 percent for properties worth Rs 21 lakh to Rs 35 lakh to help the ailing real estate sector. The state government has also brought ...

What Is Stamp Duty In India?

Purchasing a house is one of the most planned decisions one needs to make. Apart from the monetary burden that comes with it, there are a lot of other things to understand and consider, especially if it is your first home ...

Buying A Property For First-Time This Festive Season: 8 Costs You Should Know

Its festive season already with the ongoing Navratras and for many this might be the year after long wait when they have decided to make their big-ticket purchase of real estate. But as an essential premise, you should also be aware ...

6 Home Loan Charges That You Should Know

Home loan just like any other loan type comes with its own set of costs other than the processing and interest rate charges and some of these applicable charges in fact escape the attention of the borrower. But when it comes ...

Union Budget 2018: Realty Sector's Pre Budget Expectations

The construction sector is reeling under a sluggish phase hit by demonetisation, implementation of RERA and replacement of previous service tax and VAT by GST. In its pre-budget expectations 2018, the sector seeks some favorable sops by way of lowered GST ...

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