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Maharashtra’s Stamp Duty Reduction May Help Boost Affordable Home Sales
The sector that’s been battered by the Covid-19 outbreak is expected to boost affordable housing the most.
01 Sep 2020, 12:23 AM IST
The Maharashtra government’s move plan to reduce taxes on property purchases to revive a sector that’s been battered by the Covid-19 outbreak is expected to boost affordable housing the most.Maharashtra—which houses India’s most expensive real estate market—said on Aug. 26 that stamp duty on property transactions would be reduced in two slabs:A 3% reduction between Sept. 1 and Dec. 31, 2020A 2% reduction between Jan. 1, 2021, and Mar...
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