Gujarat Stamp Duty Collections Surge 60%

11 Apr 2024 CW Team

Gujarat has witnessed a remarkable 60% increase in stamp duty collections during the fiscal year 2024, signalling robust activity in the state's real estate sector. The surge in stamp duty collections reflects heightened property transactions and investments, buoyed by favourable market conditions and government initiatives.

The substantial rise in stamp duty collections is attributed to factors such as increased property sales, rising property values, and improved investor sentiment. Government policies aimed at boosting the real estate sector, such as reduced stamp duty rates and incentives for homebuyers, have also contributed to the surge in collections.

The surge in stamp duty collections bodes well for Gujarat's economy and underscores the resilience of its real estate market amidst challenging times. The strong performance reflects confidence among investors and homebuyers in the state's property market and its potential for growth and returns.

The state government's focus on infrastructure development and urbanisation has further fueled demand for real estate in Gujarat, driving up property transactions and stamp duty collections. Additionally, the implementation of digital initiatives and streamlined processes has facilitated smoother property transactions, contributing to the increase in stamp duty collections.

The surge in stamp duty collections in Gujarat is expected to have a positive impact on the state's revenue and economic growth. It also reflects the effectiveness of government policies and initiatives in stimulating economic activity and fostering a conducive environment for real estate development and investment.

Infrastructure Urban

08 Sep 2025

DRDO Transfers Key Defence Materials Tech to Industry

The Defence Metallurgical Research Laboratory (DMRL) of DRDO in Hyderabad has transferred three advanced indigenous materials technologies to leading Indian industry partners, marking a major step towards self-reliance in strategic defence manufacturing. The Licensing Agreement for Transfer of Technology (LAToT) documents were handed over by Dr Samir V Kamat, Secretary of Defence R&D and Chairman of DRDO, at a ceremony held at DMRL on 30 August 2025.The transferred technologies include:High-Strength Radomes: Transferred to BHEL, Jagdishpur, this technology enables the manufacture of high-p..

Coal Ministry Honours Top Mines for Safety and Sustainability

The Ministry of Coal hosted the Star Rating Award Ceremony in Mumbai to recognise outstanding coal and lignite mines for their achievements in safety, environmental responsibility, scientific operations, and community welfare. Union Minister of Coal and Mines Shri G. Kishan Reddy, accompanied by Minister of State Shri Satish Chandra Dubey and Secretary Shri Vikram Dev Dutt, presented the accolades.The awards celebrate mines that have demonstrated excellence across key parameters such as safety, productivity, scientific mining, environmental stewardship, and socio-economic impact. The Minister ..

Modi Highlights Decade of Bold Economic Reforms

Prime Minister Shri Narendra Modi reaffirmed the government’s steadfast commitment to economic reforms over the past decade, highlighting transformative measures that have redefined India’s fiscal structure and enhanced its global economic position.Citing major initiatives such as corporate tax cuts to encourage investment, the implementation of the Goods and Services Tax (GST) to unify the national market, and reforms in personal income tax to improve Ease of Living, Modi emphasised that the reform agenda has consistently been citizen-focused and pro-growth.He welcomed the ongoing #NextGe..