Stamp duty waived for Pimpri Chinchwad beneficiaries
Each beneficiary of Pimpri Chinchwad Municipal Corporation’s housing scheme for economically weaker sections (EWS) will save Rs 36,000 as the state government has waived the stamp duty on conveyance.
Now that the stamp duty on registration of EWS houses built under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) scheme has been waived, the beneficiaries can register the house in their name on Rs 100 stamp paper.
The union government gave primary approval to the civic body’s proposal to implement the EWS housing scheme costing Rs 449.70 crore under JNNURM in 2007.
The state government, through its order dated October 10, 2007, issued under section 9(a) of the Bombay Stamp Act, 1958, reduced the stamp duty payable.
Economically weaker sections (EWS), Economically weaker sections housing scheme, Jawaharlal Nehru National Urban Renewal Mission (JNNURM), Mumbai, Municipality, Pimpri Chinchwad Municipal Corporation (PCMC), stamp, Stamp duty, stamps
