Latest Realty News

May 16, 2015
MUMBAI: Home buyers in Mumbai and the rest of Maharashtra are set to receive a major relief
May 05, 2015
GURGAON: Haryana Urban Development Authority (HUDA) is about to send notices to allottees by May-end to ensure plots are registered
Apr 10, 2015
MUMBAI: A delay in payment of stamp duty after property registration will now result in the state imposing a fourfold fine on the defaulter
Mar 07, 2015
NEW DELHI: Giving a boost to affordable housing, the RBI eased the norms for home loans for up to Rs 10 lakh
Feb 28, 2015
Noida: Nearly 30,000 homebuyers in Noida now face significant cost escalations when they register these properties
Rush for property registrations sees record stamp duty revenue
Jan 02, 2015
MUMBAI: The rush of buyers in Mumbai to get properties registered before the state's new ready reckoner regime came into effect on January 1
Home buyers in Mumbai to feel the pinch as ready reckoner rates increase
Jan 02, 2015
MUMBAI: Home buyers in Mumbai will pay more for their dream home
Bengaluru office spaces grow pricier with hiked guidance values
Nov 29, 2014
BENGALURU: Prices of office spaces in Bengaluru have increased enormously lately, only deep pockets will be able to afford these places
Registration, stamp duties to go northwards in Andhra Pradesh
Nov 26, 2014
HYDERABAD: In a move aimed at cash in on the prevailing real estate boom in AP, chief minister Chandrababu Naidu has given his nod for increase in the rate of land registration and stamp duty across the 13 districts
Guidance value set to rise in Bengaluru, citizens rush to register
Nov 12, 2014
BENGALURU: Long queues were seen at sub-registrar offices in the city ahead of an increase in guidance value for properties by 15-30%
Dip in TN Property Registration Leads to Revenue Stagnation
Oct 22, 2014
CHENNAI: With no major projects being registered during the first half of the financial year, property registration across the state fell by around 50,000, resulting in revenue stagnation
Guidance value to shoot up by 20-30% from November
Oct 16, 2014
Planning to buy a plot or flat? Hurry up, for the Karnataka government is set to increase guidance values by 20-30% from November
Kerala hikes fare value of land
Oct 02, 2014
The Kerala Cabinet has decided to hike the fair value of land by 50 per cent across the state, part of measures aimed at increasing the state’s revenue
Property tax: Welcome step, but not enough, stakeholders say
Sep 25, 2014
The Punjab cabinet's decision to revise criteria for property tax has enthused residential property owners but there is still demand for more across the board relaxations, irrespective of the size of the dwelling unit
Government may form database on suppression of property sales amount
Sep 16, 2014
In an exercise aimed at checking blackmoney, economic intelligence agencies have started identifying instances where proceeds from property sale have been suppressed in a bid to defraud the government of revenue from stamp duty
Realty sector slowdown may hurt stamp duty collections in Punjab
Sep 10, 2014
The Punjab government's ambitious plan to mop up Rs 2,760 crore in the current financial year from stamp duty and registration fee is going to be an uphill task in view of the slowdown in the real estate sector
Nod to stamp duty waiver in NCR
May 30, 2014
DELHI: The Haryana government on May 28 waived stamp duty on transfer of immovable property to blood relations, a few days after Punjab took a similar decision.
Maharashtra Stamp Act: Stamp duty refund
Apr 29, 2014
PUNE: There is a provision in the Maharashtra Stamp Act for the refund of stamp duty in certain cases; for example where a property property transaction intended is not completed. This is, provided the application for refund is made within the prescribed timeframe. Some of the provisions for refund of stamp duty are briefly given below.
Guide to stamp duty for homebuyers
Apr 01, 2014
MUMBAI: Stamp Duty is one of the many expenditures that home buyers pay to own a property. However, most of us don’t know what stamp duty is and what it comprises of. Here is the brief on stamp duty for all the prospective home buyers.
Benefits of being a woman property buyer
Mar 10, 2014
DELHI: Being a woman property buyer would mean a special concession with reference to registration of the property in the Office of the Sub-Registrar. The stamp duty payment in many states of India is lower for the woman tax payer. This is the single biggest advantage which is available to the woman tax payer.
No need to pay full stamp duty on jantri rates in Ahmedabad
Mar 04, 2014
AHMEDABAD: In an important judgment, Gujarat high court on March 3 held that registration of property cannot be made mandatory on payment of stamp duty according to the jantri rates only. Thus, paying 5% stamp duty of the market rates as prejudged by the ready reckoner, will not be the deterrent in registration of property deals.
Ready reckoner painful for real estate buyers
Feb 22, 2014
MUMBAI: The state government must review its latest ready reckoner (RR) rates, which is used to calculate market value of properties for payment of stamp duty and registration charges.
Uniform stamp duty on joint development projects in Bangalore
Feb 17, 2014
BANGALORE: This is good news for real estate developers and landowners. The budget has proposed a uniform stamp duty of 2% on joint development projects, bringing down land registration cost.
Nariman Point RR rates beat market
Jan 21, 2014
MUMBAI: The new stamp duty ready reckoner rates for Nariman Point have been fixed at Rs 43,000 a sq ft when the prevailing market rate ranges between Rs 26,000 and Rs 30,000 a sq ft.
Maharashtra mulls 10-25% rise in ready-reckoner rates from Jan 1
Dec 16, 2013
MUMBAI: The Maharashtra government is mulling a 10 to 25 per cent increase in the ready-reckoner (RR) rates for residential and commercial properties in Mumbai and the rest of Maharashtra from January 1, 2014. The revenue department has convened a meeting on Monday to explore various options in this regard.

Latest Realty News Of State

Realty Talk's