New stamp duty to hike property prices
No Comments Sub Category:Uncategorized Posted On: Dec 20, 2011
There would not be an element of surprise if there is any hike in property prices in future.
Come New Year and there might be an upward trend in property prices due to stamp duty!
Mumbai Revenue Minister stated that there might be a rise in ready reckoner rates by 20-30% which in result will affect the stamp duty and the property market.
The new ready reckoner rates will be implemented from Jan 1, 2012. Ongoing market rates have been considered for the same.
Source: Mid Day
Tags:
Market rates, Mumbai, Mumbai Revenue Minister, New stamp duty, New Year, Ongoing market rates, property market, Property Prices, Ready reckoner rates, Stamp duty
