Mumbai Homebuyers Can Avail Rs 5 lakh Discount, Low Stamp Duty Rate till 15 May
3 years, 8 months ago

Mumbai Homebuyers Can Avail Rs 5 lakh Discount, Low Stamp Duty Rate till 15 May

News 18  

Runwal Group, one of the leading developers in Maharashtra, on Tuesday said that it has launched ‘Runwal Summer Online Home Fest’ for homebuyers. It is a platform that offers price benefits, lucky draws, several payment plans and stamp duty discounts to customers. Homebuyers will get several discounts on various projects of Runwal Group — Runwal Bliss and Runwal Avenue at Kanjurmarg East, Runwal Forests at Kanjurmarg West, Runwal Pinnacle at Mulund West and Runwal Gardens at Dombivli. For a 115-acre township Runwal Gardens at Dombivli East, there will be a benefit of up to Rs 4 lakh with zero stamp duty, zero registration, zero floor rise, price assurance, special Akshaya Tritiya benefits, the developer said in a statement.

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History of this topic

Maharashtra government extends stamp duty amnesty scheme until June 2024 providing relief to property owners
9 months, 3 weeks ago

Maharashtra government extends stamp duty amnesty scheme until June 2024 providing relief to property owners

Hindustan Times  

The Maharashtra government has decided to extend the stamp duty amnesty scheme for the third time until June 30, 2024, providing relief to property owners. Earlier, the state government on January 31 this year had extended the term of the Stamp Duty Amnesty Scheme up to March 31 this year in the wake of low mobilization of revenue. The stamp …

Maharashtra govt’s makes big announcement for women homebuyers
1 year, 7 months ago

Maharashtra govt’s makes big announcement for women homebuyers

Live Mint  

The Maharashtra government has relaxed a significant restriction that it had imposed on women property buyers who get a 1% rebate on stamp duty on their purchase. The Maharashtra government did not allow women property buyers who are availing the benefit of a 1% rebate on stamp duty to sell residential units to a male buyer for the next 15 …

Pune real estate body urges govt to slash stamp duty
1 year, 9 months ago

Pune real estate body urges govt to slash stamp duty

Hindustan Times  

Stressing that it will be a win-win situation for consumers, real-estate industry and the state government, CREDAI Pune Metro has written to chief minister Eknath Shinde, deputy chief minister Devendra Fadnavis and top Inspector General of Registration -stamp officials to reduce stamp duty rates. Every year, government revises ready reckoner rates from April 1 The real estate body has urged …

Maharashtra Stamp Act | Collector Has No Power To Revise Stamp Duty Once It's Already Been Levied & Paid: Bombay High Court
2 years, 5 months ago

Maharashtra Stamp Act | Collector Has No Power To Revise Stamp Duty Once It's Already Been Levied & Paid: Bombay High Court

Live Law  

The Collector of Stamps under the Maharashtra Stamp Act cannot revise stamp duty once it has been levied and paid, the Bombay High Court held earlier this year. Advocate Mayur Kandeparkar for the petitioner argued that the Collector acted in violation of principles of natural justice as no hearing was granted to the petitioner before revising the stamp duty and …

Maharashtra Govt Temporarily Reduces Stamp Duty to 2% to Boost Demand in Real Estate Amid Slowdown
4 years, 4 months ago

Maharashtra Govt Temporarily Reduces Stamp Duty to 2% to Boost Demand in Real Estate Amid Slowdown

News 18  

In a bid to encourage buying in the retail sector hit by COVID-19, the Maharashtra government on Tuesday temporarily reduced stamp duty on housing units from 5 per cent to 2 per cent until December 31, 2020. Real estate developers had been asking for a reduction in stamp duty following the lockdown to encourage homebuyers to buy properties during the …

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