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Real estate professionals are concerned about GST on leasehold land transactions. As authorities send GST notifications on stamp duty-exempt transactions, are these transfers sales or services? This may hurt developers, companies, and homebuyers financially.

Indian Film actor and living legend Amitabh Bachchan has bought a duplex apartment spread over 5,184 sq ft in an under-construction project Atlantis in Mumbai’s Andheri suburb for Rs 31 crore. The deal, which attracted stamp duty of Rs 62 lakhs, was finalised in December and was concluded recently.