News articles tagged Stamp Duty

Mumbai’s Luxury Real Estate Market Sees Record Sale: Lodha Sea Face Apartment Sold for Rs 187 Cr

Mumbai's luxury real estate market is thriving with Macrotech Developers selling a 15,000 sq ft apartment in Lodha Sea Face for Rs 187 cr. This transaction highlights Worli's appeal due to its prime location and high value.

Pune Real Estate Market Demonstrates Resilience in January 2025 Despite Registration Dip

Pune's real estate market maintained stamp duty revenue stability in January 2025 amid an 8% decline in property registrations. Demand surged for premium properties (+2% YoY) and larger homes (31% above 800 sq ft), signaling shifting buyer preferences.

Mumbai real estate market: Is it possible to lease a home for two to six months in the city of finance?

In Mumbai, short-term property rentals (2-6 months) are possible but often come with higher costs due to limited availability and landlord premiums.

A subsidiary of Redbrick Offices pays Rs 267.5 crore for 22 office spaces in Mumbai

Red Fox IT Infra LLP, a Redbrick Offices subsidiary, acquired over 87,000 sq ft of office space in Mumbai's Times Square for ₹267.5 crore across two deals, paying ₹8.02 crore in stamp duty.

Stamp duty collections increased by 15% while property registrations in Mumbai rose 11% year over year in June 2024

Mumbai's property registrations rose by 11% in June 2024, with a significant increase in stamp duty collections, showcasing the market's resilience and growing buyer confidence.

The Mumbai real estate market records a 21% YoY increase in property registrations but a 22% decline in stamp duty collections.

Mumbai's real estate market saw a 21% YoY increase in property registrations in February 2024, despite a 22% drop in stamp duty collections. Residential units dominate the market, with smaller apartments gaining popularity.

Property prices in Pune are booming, with a 46% increase in registrations for properties between Rs 50 lakh and Rs 1 crore.

Pune's property registrations surged 46% YoY in January 2024, fueled by strong demand. Homes priced between ₹50 lakh and ₹1 crore saw the most activity, capturing 32% of sales.

Ghaziabad’s circle rates as of 2024-2025

Ghaziabad's circle rates, crucial for property transactions and stamp duty, are determined by property type, location, and infrastructure. Check the latest rates online.

Telangana Land Registration Documents Online

Telangana's property registration process involves online document submission, e-KYC, and Aadhaar verification. Buyers must pay stamp duty and registration fees, ranging from 0.5% to 5% of the property value.

Discover Quality Resale Flats in Pune: Your Key to Affordable Housing

Navigating the resale flat market in Pune involves weighing benefits like tax savings and immediate move-in readiness against potential drawbacks such as limited property appreciation.

Kolkata hiked 124% of registrations YoY in the property

The residential real estate market in Kolkata has shown a strong recovery with a 124% year-over-year increase in property registrations in July 2022.

New circle rate of Noida 2022, All you need to know

The article discusses circle rates in Noida, UP, for 2022, their impact, and how to check them online. Circle rates affect property registration, valuation, and government revenue.

Maharashtra Govt. extends period for stamp duty waiver for investors

The Maha Vikas Aghadi government extends the stamp duty exemption period for investors reselling property, aiming to boost real estate and construction sectors.

West Bengal: Real estate rebate window extended till 31 Jan 2022

The West Bengal government has extended the real estate stamp duty rebate and circular rate reduction until January 31, 2022, to boost home sales amid rising demand.

Stamp duty reduced by 2% on flats priced below Rs 45 lakh

The State Legislative Assembly reduced stamp duty on first-time registrations of apartments priced between Rs 35 to 45 lakhs to 3%, aiming to boost the real estate sector.

Karnataka government's to cut guidance value, can boost property market!

Karnataka Government plans to cut guidance values by December, potentially boosting the property market. A lower guidance value is expected to increase property registrations and government revenue.

Tamil Nadu government plans to boost revenue via property registrations

Tamil Nadu's Minister for Commercial Taxation reviews strategies to boost property registration revenue post-COVID-19, with measures to streamline processes and enhance efficiency.

Authorities planning to increase circle rates in Noida

Noida may see a rise in circle rates for the first time since 2017. Noida, Greater Noida and Yamuna Expressway authorities have increased property rates.

Goa Government increases property registration fee by 0.5 to 1%

Goa government hikes property registration fee from 0.5% to 1%, pushing buyers to pay around Rs 74,000 more for registrations. Credai opposes, stating it will affect market demand.

Publicly Disclose the Apartment Sales: MahaRERA

MahaRERA mandates disclosure of apartment sales and reservations to curb fraudulent practices by developers and protect buyers.

CREDAI-MCHI urges Maharashtra Government to cut stamp duty to 2%

CREDAI-MCHI urges Maharashtra government to reduce stamp duty to 2% in Mumbai to revitalize housing demand amidst the COVID-19 pandemic, citing reduced sales and state revenue.

Effect of COVID-19 second wave on the real estate sector!

India's second COVID-19 wave threatens real estate recovery, impacting office and housing markets. Experts predict varying effects on sales and demand.

5% Stamp duty on property registrations resumed from 1 April

Maharashtra reverts to 5% stamp duty on property registrations from April 1, with 1% concession for properties in women's names.

Goa CM cuts infrastructure tax by 30% to revive real estate

Goa CM Pramod Savant announced a 30% infrastructure tax reduction for six months starting April 1, 2021, to revitalize the real estate sector and simplify double taxation issues.

SBI, HDFC, Kotak Offer Lowest Home loan Interest Rates!

Multiple banks, including SBI and HDFC, have decreased home loan interest rates, aiming to boost housing sales before the financial year ends. Experts anticipate increased demand.