Hike in stamp duty
With the increasing property deals of high value in the state, it has been forecasted that the stamp duty collection is also going to boost up. As per Inspector General of Registration and Controller of Stamps, revenue generated from stamp duty will be around Rs 2000 crore in the financial year 2012-13. However, the property [...] Continue Reading »
A bad news is in store for tenants and owners of flats in Mumbai! Stamp duty is going to be dearer for flats in the city after the recent announcement of budget by state finance minister on 20th of March. The hike in stamp duty will be applied for both rentals as well as leave-and-licence [...] Continue Reading »
Chennai will be soon welcoming the new market-based guideline values for property registrations. Now that the realty sales are doing good in Chennai city, the scenarios are sure to change once the new guidelines come into effect. Therefore, the builders as well as the property buyers in the city are into mad rush wherein, one [...] Continue Reading »
