While the government of Maharashtra has proposed a stamp duty reduction in a bid to push real estate demand, the same may not prove fruitful. “It is highly unlikely that temporary measures such as one-time reduction in stamp duty for a limited period will revive confidence in the real estate […]
Plan To Stimulate Housing Demand By Reinstating Interest Subvention Scheme
The COVID-19 crisis has impacted the entire world economy and almost all industries worldwide. The Modi government, however, has played a vital role in keeping the Indian economy afloat amidst the lockdown. The 20-lakh crore economic package will lead the way towards recovery. Further, infusion of Rs 30,000 crore special […]
Maharashtra Reduced Stamp Duty For Deals Till March. The Move Expected To Bolster Realty Demand
The government of Maharashtra has reduced the stamp duty on property registrations to 2% for transactions between September 1 and December 31 from current 5%. The stamp duty will be 3% for agreements to be registered between January 1 and March-end. The move, apart from supporting the state exchequer, is […]
Developers Urge RERA To Extend The Registration Of Real Estate Project By A Year
The National Real Estate Development Council (NAREDCO), has demanded further 12 months extension to the real estate projects in Uttar Pradesh. UP chapter of the apex real estate body has written to the UP RERA saying that COVID19 has pushed back construction in real estate projects by about 18 months. […]
6 Tips to Make Your Home Look Spacious
Making a small place look uncluttered and spacious is an art, and it is very interesting. It will pack a punch to the way you live, and speak volumes about your imagination and creativity. Let’s talk about a few innovative ways of how you can make a small place appear […]
Reducing GST Rates Is Vital For Giving Real Estate A Boost
The key to India’s efforts at restarting the economy and ensuring GDP growth revolves around demand, for a good reason: ensuring the restart of the supply-side is not that difficult. The moot question is: How does one ensure demand, which would successfully enable the buying of what is created on […]