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Mumbai Stamp Duty, Registration Charges and Abhaya Yojana Scheme-2024
Mumbai Stamp Duty, Registration Charges and Abhaya Yojana Scheme-2024
In this article, we will look at the latest government rules regarding stamp duty, the stamp duty and registration charges for 2024 in Mumbai along with the metro cess and ways you can pay your stamp duty in Mumbai. We will also talk about the recently announced Abhay Yojana (amnesty scheme) of 2023-24 that attempts to rectify the legal standing of property documents that lack proper stamping.
2 months ago
1 min read
How The Pradhan Mantri Awas Yojana (PMAY) 2023 Will Help Prospective Homebuyers
How The Pradhan Mantri Awas Yojana (PMAY) 2023 Will Help Prospective Homebuyers
Incremental PMAY allocation of up to 79,000 crore will give momentum to affordable housing and assist a wide range of homebuyers. It is anticipated that this allotted amount will address more than 55 percent of the estimated deficit in funds for projects that fall under the scheme.
a year ago
5 min read
How The Repo Rate Affects Homebuyers And Things A Buyer Needs To Know About It
How The Repo Rate Affects Homebuyers And Things A Buyer Needs To Know About It
On August 5, 2022, the Reserve Bank of India (RBI) hiked the repo rate by 50 basis points, bringing it to 5.40%. This is the third consecutive increase in the repo rate this fiscal year, following increases of 40 basis points in May and 50 basis points in June. In this fiscal year, the RBI has raised the repo rate by 140 basis points.
2 years ago
5 min read
Advantages Women Homebuyers Enjoy In India
Advantages Women Homebuyers Enjoy In India
The Indian government has taken several steps to make home ownership more affordable for women, with the goal of increasing the number of women who own their own homes.
2 years ago
4 min read
E-registration of properties in Maharashtra- a blessing amid Covid woes
E-registration of properties in Maharashtra- a blessing amid Covid woes
The COVID-19 pandemic has made us realise the immense amount of challenges that can be thrown to mankind. The pandemic is affecting every aspect of human life and it is far more clear that the need for innovation is most important now. In-line with this, the Maharashtra government’s decision to implement e-registration facility for new properties is opportune.
3 years ago
2 min read
Your Guide on Bequeathing Your House in Will
Your Guide on Bequeathing Your House in Will
The documentation of an Estate Will isn’t something most of us like thinking about, given all the implications it is accompanied with, but it is a bitter pill we are all forced to face - in the aftermath of a family member’s passing, how does one go about managing their estate and inheritance, and worse - can disputed money matters embitter existing familial relationships and invite a time for hardships?
3 years ago
12 min read
Unified DCPR; A New Lease of Life for Maharashtra's Realty Sector
Unified DCPR; A New Lease of Life for Maharashtra's Realty Sector
The Maharashtra state government announced the arrival of the Unified Development Control and Promotion Regulation (DCPR or DCR) on 20th of December, and important stakeholders in the state have welcomed it with open arms. After a delay of nearly three years, the state is all set to implement the Unified DCPR, a move that was met with keen anticipation.
3 years ago
5 min read
Union Budget 2021: A Vaccine for Indian Realty?
Union Budget 2021: A Vaccine for Indian Realty?
The realty sector, in particular, is visibly battling rough waters and appears to regain its footing, slowly, albeit steadily. Through the course of the last year, the sector received relief measures in the form reduced home loan rates, stamp duty charges, and subsidized costs for developers to address the steep downward slump the sector experienced. While these have germinated nascent seeds of growth, the sector is still in dire need of bold developer and homebuyer friendly policies, designed to spike up demand. Here’s a look at how the housing sector and the individual homebuyer fared in the Union Budget of 2021.
3 years ago
5 min read
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