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Buying a luxury flat in Mumbai? Pay 15% more stamp duty

Jan 02, 2014

Buying a luxury flat in Mumbai? Pay 15% more stamp duty

The year 2014 is definitely not a happy one for real estate buyers in Maharashtra. Not only has the state government increased the ready reckoner (RR) rates by up to 20 percent with effect from January 2014 but even stamp duty on super luxury flats too are likely to go up. #HowThisWorks #Mumbai #Maharashtra #Real estate #Ready Reckoner rates
Hike in ready reckoner rates won't bring down black money

Jan 03, 2013

Hike in ready reckoner rates won't bring down black money

The rise in black money component in property transactions will defeat the government's aim of generating revenue by levying higher stamp duty. #HowThisWorks #Maharashtra #Mumbai Real Estate #Ready Reckoner rates
Ready reckoner rates: govt, builders moves will only kill realty

Jan 01, 2013

Ready reckoner rates: govt, builders moves will only kill realty

The government is set to increase ready reckoner (RR) rates for properties-the government-set prices below which sales are not allowed-by up to 30 percent, according to media reports. This is an annual exercise by the government. #ConnectTheDots #realty #property prices #Ready Reckoner rates