Electronic stamping facility introduced in Gautam Buddh Nagar
Jul 13, 2013
Source : The Economics Time

NOIDA: To ensure transparency in payment of registration fee in property transactions, electronic stamping (e-stamping) facility was introduced today in Gautam Buddh Nagar district.

 

District Magistrate Kumar Ravikant Singh launched the e-stamping facility at the sub registrar office here and released two e-stamp certificates.

 

First e-stamp certificate was issued to Sohan Singh with a value of Rs 1.08 lakh and second certificate of Mukesh Chaturvedi was for Rs 2.77 lakh.

 

From Monday e-stamps will be available for residents from certain bank branches.

 

"Facility of e-stamping as well as purchasing normal stamp papers will be available for the buyers," Singh said.

 

The facility has been introduced to cover applications of the denomination of Rs 10,000 and above only, the district magistrate said.

 

Stock Holding Corporation of India has been appointed by the Centre as Central Record Keeping Agency for computerised stamp duty administration system.

 

E-stamping facility will be available at the company's office at sector 18, the district official said.

 

To pay stamp duty, people will have to just visit a designated bank or sub-registrar office where on payment they will be given a receipt having a unique identification number, Singh said.

 

Latest Realty News

Environment Ministry limits ambit of clearances for realty projects
Jul 13, 2013
DELHI: The environment ministry, under pressure from real estate and builder lobbies, and state governments, has limited the ambit of clearances for projects in this sector. Now, local civic authorities will lay down the norms relating to building control and safety in line with the relevant master plan.
CII inks MoU with National Housing Bank to promote green housing
Jul 13, 2013
DELHI: Industry body CII today inked a memorandum of understanding (MoU) with National Housing Bank to promote adoption of energy efficient green homes in the country.
Cabinet gives nod for repeal of Rent Act, new bill coming
Jul 12, 2013
DELHI: A new bill to regulate rent in Delhi will be introduced in Parliament, with the Union Cabinet today giving in-principle approval to repeal the Act of 1958.
Industries in special areas of Delhi-NCR to require green nod
Jul 11, 2013
DELHI: Industries located in ‘redevelopment areas’ that were not designated for industrial activity but have become industrialized over the past several years will now be brought in the ambit of green laws. Industries that were set up before February 7, 2007, must apply to Delhi Pollution Control Committee for consent to operate, a permission that will be renewed annually.
NAR-INDIA National Realtor Convention held in New Delhi
Jul 11, 2013
DELHI: The National Association of Realtors – India ( NAR-INDIA ), held its 5th Annual Convention at Hotel Taj Palace, New Delhi on 6 and 7 of July, 2013. NAR-INDIA was established in the year 2007 as the apex national level association for realtors ( real estate brokers ) in India. In the last 5 years, NAR-INDIA has grown rapidly with member reach across 26 cities with over 25,000 member representatives. The objectives of the association are to bring real estate brokers under a common umbrella,
Most owners refuse to pay house tax in Gurgaon
Jul 11, 2013
DELHI: Most of the apartment owners and housing societies in different parts of Gurgaon did not file their property tax despites the MCG’s deadline on the pretext that they can’t pay double taxes to different authorities – the MCG and the developer of their society.
Provident brings ‘premium affordable’ homes in Coimbatore
Jul 11, 2013
DELHI: Provident Housing Limited, a wholly-owned subsidiary of the premier real-estate developer Puravankara Projects Limited, is set to launch ‘premium affordable’ homes in Coimbatore. The innovative residential project will be located at Selvapuram, Off Perur Main Road, near R S Puram, in the vicinity of the city center.
Luxury home sales in Mumbai, Gurgaon down as growth tapers
Jul 11, 2013
DELHI: The richer middle class too is feeling the impact of the slowdown and isn't buying homes like before, badly impacting sales of luxury homes.
ASK Property invests Rs 147 crore in ATS housing project in Gurgaon
Jul 10, 2013
DELHI: Private equity firm ASK Property Investment Advisors today said it has invested Rs 147 crore in real estate company ATS Group's Gurgaon housing project.
Shrinking farmhouses in Gurgaon
Jul 09, 2013
DELHI: With land becoming dearer in Gurgaon, applications for farmhouses have gone down significantly in recent years.

Latest Realty News Of State

Realty Talk's