leave and licence agreements
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 »
In the first two quarters of 2012, Mumbai, India’s financial capital has been witnessing a downward trend in property sales’ front. Even purchase and buying activity is not going good either. From January- May 2012, experts have said that people are looking for a more subtle way like fixed monthly lease rent than buying a [...] Continue Reading »
