You Searched for: stamp duty
Builder-buyer agreements must be registered after paying 10% of the property's worth, which concerns Noida and Greater Noida real estate developers. This requirement, they say, puts homeowners under a lot of financial pressure early on.
- 8th Nov 2024
- 1152 Views
The Treasury Department regrets Diwali property registration inconveniences. Diwali, particularly Dhanteras, is a lucky time to purchase property, but this year, system maintenance suspended the registration process, preventing homebuyers from completing their deals.
- 30th Oct 2024
- 1154 Views
India's biggest and most costly real estate market, Mumbai, started the 2024 festival season with strong Navratri property registrations. Between October 3 and 11, the city registered 5,199 properties, a 13.2% increase over Navratri 2023.
- 19th Oct 2024
- 1179 Views
Market Value in Telangana is calculated based on the land rates of properties.
- 11th Oct 2024
- 1228 Views
Mumbai, India's biggest and most expensive real estate market, is breaking records in 2024. In the first nine months, property registrations increased by 12%, surpassing 105,000 deals, while stamp duty revenues increased by 6%, reaching over ₹8,892 crore.
- 4th Oct 2024
- 1192 Views
The Maharashtra government is preparing to modify stamp duty laws, affecting real estate and business. This document details the proposed modifications and their predicted effects.
- 4th Oct 2024
- 1201 Views
Kanakia Spaces entered two distinct agreements to undertake the redevelopment of large housing societies in Borivali, a prominent suburb in Mumbai.
- 4th Oct 2024
- 1173 Views
Indian Proptech Portal GHAR reports that Birla Estates, the Aditya Birla Group's real estate subsidiary, has made a major move in Mumbai. For ₹537.42 crore, the business bought a 24.5-acre block of land in the Mumbai Metropolitan Region (MMR) in Kalwa on the Thane-Belapur Road.
- 15th Sep 2024
- 1178 Views
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.
- 6th Sep 2024
- 1187 Views
M&M has sold a 20.5-acre land plot in Kandivali East, Mumbai, for ₹210 crore to Blueprintify Properties, a real estate unit of Rucha Group. M&M capitalised on its non-strategic assets with this July 23 transaction, which was filed the following day.
- 5th Aug 2024
- 1235 Views
India's Budget 2024-25 prioritises affordable housing, urban development, and tax reforms to strengthen the real estate sector. Ghar outlines 6 homebuyer highlights.
- 27th Jul 2024
- 1206 Views
Mumbai: Starting October 1, 2024, a 1% TDS will be applied on the purchase price or stamp duty value (whichever is higher) of immovable property worth over INR 50 lakhs, even with multiple purchasers or sellers, per Budget 2024.
- 26th Jul 2024
- 1223 Views
Priyanjali Mariwala, a member of the Marico family, bought a luxury flat in Mumbai's Bandra-Kurla Complex (BKC) for 65.25 crore. Sunteck Realty's Starlight Systems constructed Signature Island, an ultra-luxury residential skyscraper with an 8,300-square-foot apartment on the first level.
- 7th Jul 2024
- 1239 Views
Guide to stamp duty and property registration fees in Maharashtra’s urban and rural areas, including Mumbai, Nagpur, Pune, and more, in this comprehensive guide.
- 29th Jun 2024
- 1524 Views
The real estate industry is eagerly awaiting the Union Budget 2024-25 in the second half of July. The industry aims to advance, especially in industrial status and targeted assistance for development and stability. 7 main expectations are stated below:
- 23rd Jun 2024
- 1246 Views