As of March 2021, registrations stood at 161,293 compared to 78,584 on March 2020
The state govt will not extend the 2% stamp duty waiver from April
Cap on real estate premium incentive till next year-end
Real estate sales rise 20%
Realty transactions Sep-Nov 39% over the same period last year
Zero-stamp duty until 31st December on its members project in Maharashtra
Mumbai leads the way in residential realty recovery as incentive pays off
For the first time in 2.5 years, the state hiked the RRR by an avg 1.74%.
Builders had been asking for a reduction in stamp duty following the lockdown.
The construction industry employs 35 million people, which is more than the population of Australia or Malaysia, and contributes 8 per cent of India’s GDP.