MAHARASHTRA FINALLY CLEARS WAY FOR DROP IN STAMP DUTY ON REAL ESTATE SALE

The Maharashtra Housing Board some time ago called "Bombay Housing Board" was built up in year 1948 and had a purview over the whole State of Maharashtra aside from Vidharbha district. This body attempted development of private structures under different lodging plans for various areas of the general public. The assignment and upkeep of these structures was being taken care of by it. This is a boon to upcoming residential projects such as Godrej Alive and many other for real estate investment. Godrej Alive Homebuyers could expect some alleviation as the state government has presented an arrangement that will permit decrease of Ready Reckoner (RR) rates. Up to this point, RR rates, which are updated yearly, must be expanded or kept unfaltering. RR rates are utilized to survey advertise estimation of properties by government; stamp obligation and enlistment charges are paid on this premise. The rates are reconsidered each year on April 1 st . The state in...