Developers Say Stamp Duty Surcharge In Mumbai Will Hurt Recovering Sales
Tower cranes operate at a residential construction site, developed by Omkar Realtors and Developers Pvt., next to a slum, center, in the Parel area of Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Developers Say Stamp Duty Surcharge In Mumbai Will Hurt Recovering Sales

Developers in Mumbai said Maharashtra’s tax surcharge on home sales to fund metro and road projects will hurt demand when the market was showing signs of revival.The 1 percent surcharge is over and...
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