A real estate developers’ body has urged the Maharashtra state government to reduce the stamp duty charges back to 2 percent in Mumbai until March 31, 2022 following a slowdown in housing sales and reduction in revenue collections for the government. CREDAI-MCHI believes that the downward trend is set to […]
COVID-19 Shrinks Real Estate In India In FY2021: India GDP Data
The construction and financial, and real estate and professional services sectors have shown a negative growth of 8.6 percent and 1.5 percent respectively between April 2020 and March 2021 due the impact of COVID-19, official data released by the National Statistical Office (NSO) showed on May 31. However, in Q3 and Q4 construction […]