By Accommodation Times Bureau JAIPUR: Deputy Inspector General, Registration and Stamp, Jaipur-I, Kailash Chandra Yadav on Tuesday has taken action against six stamp duty defaulters who’s dues were outstanding. Yadav has attached defaulter’s property and will set for auction to recover the pending dues, according to the official release. Yadav said according to
By Accommodation Times Bureau CHANDIGARH In a move to mobilise additional resources for the state, the Punjab Cabinet on Wednesday approved an ordinance to amend Schedule 1-A of Indian Stamp Act, 1899, to enable an increase in the stamp duty rates. Stamp duty rates for 17 items stand to double following the amendment,
By Accommodation Times News Service MUMBAI Now people can get stamp duty of any property they buy as to compensate, only applicable on people who have given their land for bullet train project which needs to do it within three years of handing over the land, a source said. National High-Speed Rail Corporation
By Accommodation Times Bureau CHANDIGARH Stamp duty exemption on transfer of property among blood relations has come as a boon with the residents saving almost Rs 5,000 crore on 1.5 lakh property transfer cases during the 2017-18 financial year. The Revenue Minister Sukhbinder Singh Sarkaria on Tuesday said that transfer of property in
By Manoj Asrani, First Executive and Founder, BrickAsset Pvt Ltd (Guest Article) The Indian Real Estate sector has become one of the fastest growing markets in the world. However, the sector is battling some extreme challenges that act as roadblocks and restrict the sector from yielding full benefits of the potential growth.
By Rohit Sharma MUMBAI The Maharashtra government introduced Mumbai Municipal Corporation (Second Amendment) Bill, 2018 in the Maharashtra Legislative Assembly on July 19 under the authority of the Governor, the bill which seeks to increase Stamp Duty by one per cent. The bill is expected to be tabled during the winter session of
By Accommodation Times Bureau CHANDIGARH The Revenue Department of Punjab has amended a rule to curb the misuse of stamp duty rebate extended to women on property registration. As per the amended rule, now if the property acquired by a woman is transferred in the name of a male relative within a year,
By Accommodation Times Bureau NEW DELHI Giving a major respite to property buyers from the weaker section, the state government has reduced the stamp duty rates to Rs 1000 for beneficiaries of Pradhan Mantri Awas Yojana (PMAY). While the real estate market is still recovering from the hit, potential buyers have now