In Karnataka recently stamp duty had been reduced from 6% to 5% on sale deeds. The registration charge of 1% , however, remains.
The stamp duty reduction translates into savings of Rs. 25,000 on a Rs 25 lakh property.
Reducing the stamp duty will make the product more aff…
Showing posts with label Realty - Guideline Value. Show all posts
Showing posts with label Realty - Guideline Value. Show all posts
Tamil Nadu New Guideline Value: General Public Opinions..!
The Tamil Nadu government increased guideline value for properties from April 1, 2012.
Some public opinions are..! Mr. Mohan, Alandur Road, Saidapet, Chennai - 15
''Too high value is no good to the economy in a long term. In India the real estate is not rationalised…
Tamil Nadu Guideline Value Hike: What are the Major impacts?
The Registration Department of Tamil Nadu implementing new guideline values from April 1, 2012.
The last revision was in 2007 and the current revision rates in line with the prevailing market prices. This exercise will help increase the revenue from this levy.
Governmen…
New Guideline Values from April 1, 2012 : Heavy Rush for Property Registrations
All those registering properties from April 1, 2012 will have a new set of guideline values to adopt. The Tamil Nadu State Government will implement the values, which were revised last year, from April 1, 2012.
Details of the revised values can be accessed on www.tnreginet…
Maharashtra Stamp Duty Hike: Costs of Property May Rise
The plot of land and Property buyers in Maharashtra will have to shell a little more for registering their purchase.
The Maharashtra state government has simplified the stamp duty structure for sale deed of immovable properties in its budget 2012-13; in the process hiking …
2012-13, Maharashtra Budget: Real estate sector disappoint
Maharashtra state Budget 2012-13 has managed to disappoint the real estate sector and prospective home buyers in equal measure.
5% stamp duty..!
Both contend that only the state government will benefit from the 5% stamp duty it has imposed on transactions of immovable pro…
Real Estate : Stamp Duty in Indian States
Stamp Duty in Indian States Andhra Pradesh (AP):
* Municipal Corporations ; Special Grade / Stamp selection Grade Municipalities - 7% Stamp Duty + 2% Transfer Duty + 0.5% Registration Fee
* Other Local areas (Municipalities & Panchayats) : 6% Stamp Duty + 3% Transfer…
Tamilnadu New Guideline Value : How much Increased?
The TN (Tamil Nadu) state government has decided to implement the revised guideline value of plot of land and properties with effect from April 1, 2012. Simultaneously, to give relief to the general public, it has proposed to bring down the stamp duty from the existing 6% …
