registration fees
The Municipal Corporation and locals are showing zero-tolerance to unauthorized buildings and chawls post the collapse of an illegal building at Shil Road in Mumbra. The last year incident was shocking. High rise towers used to come up frequently and the needy would occupy them as they were sold at the rate of a tenement [...] Continue Reading »
Slowdown in the real estate sector has badly affected Punjab’s revenue collection from stamp duty and registration fee. There has been a decline of 15 per cent in receipts, compared to the same period in the previous financial year. Property dealers have been badly affected due to the slowdown of market as deals have decreased. [...] Continue Reading »
The Reserve Bank of India has brought about many new directives and guidelines for taking Home Loans. The most controversial decision was the exclusion of stamp duty, registration fees and all other allied charges while calculating the loan to value when taking a home loan. The loan to value is the loan amount taken against [...] Continue Reading »
Properties in Guwahati has the highest registration fee of 16.5 percent when compared to throughout India. To slow down these rates the Assam Real Estate and Infrastructure Developers’ Association is fighting against this imposition. Due to high registration fees and growing interest rates, the real estate market is showing a major slump. Meanwhile, green homes [...] Continue Reading »
The Assam Real Estate & Infrastructure Developers’ Association (AREIDA) has put a proposal to the government to reconsider the Circle rate. The main agenda behind the reconsideration of circle rates is to make it appeal reasonable and rational to the citizens of the city. The AREIDA president say that they have no objection to levy [...] Continue Reading »
Property buyers are again to face a sharp blow for home loans. According to latest notice by the Reserve Bank of India, banks have to exclude the stamp duty, registration fees and other charges to calculate the total value of a property while giving a loan. This notification means there will be a setback in [...] Continue Reading »
