Buying a property is a significant milestone, and understanding the associated costs is crucial for a smooth and informed real estate transaction. In this comprehensive guide tailored for our Indian audience, we will delve into the intricacies of stamp duty and registration charges in Lucknow. From the calculation methods to exemptions and recent changes, let’s demystify these crucial aspects of property transactions in the city.… Read more
Stamp Duty Requirements When Gifting Property to Relatives in India
The act of gifting property to a relative in India is a common practice rooted in cultural values, familial ties, and a sense of generosity. However, beyond the emotional aspects, it is crucial to understand the legal implications, particularly in relation to stamp duty. This article delves into the question: Do you have to pay stamp duty to gift your property to a relative in India? We will explore the nuances of stamp duty regulations, exemptions, and the legal considerations involved in the process.… Read more
Rajasthan builders greet government’s move to extend stamp duty till March 2023
Jaipur: Chief Minister Ashok Gehlot on Wednesday announced the rebate of stamp duty. Bringing a ray of hope for the pandemic stricken real estate sector. … Read more
Aurangabad, Latur, Nanded & Parbhani civic bodies to get stamp duty surcharge
The Aurangabad Municipal Corporation or ‘AMC’ along with the civic bodies in Nanded, Parbhani, and Latur in Marathwada are scheduled to receive funds worth over Rs 6.8 crore from the MH state government. … Read more
All you need to know about stamp duty on marketable property in India?
The stamp requirement on assets is a tax charged by the government on asset transactions. … Read more
Why you should invest in the real estate property market-Bhiwandi?
Bhiwandi is a city in Maharashtra, India, located in the Thane district of the Konkan division. It lies 20 kilometers (12 miles) northeast of Mumbai and 15 kilometers (9.3 miles) northeast of Thane. … Read more
All you need to know about property registration and stamp duty charges in Mumbai
Property registrations have been reinstated by the Maharashtra government at 5% in Mumbai and 6% in the rest of the state. … Read more
Multiple state government cuts stamp duty to promote affordable housing
Several policies are being undertaken across various states to reduce the stamp duty in India. … Read more