Gifting a house property in India has tax implications- income tax and stamp duty. The stamp duty varies across states, generally ranging from 2% to 7% of the property value. Notably, many states waive … READ FULL STORY
When you buy a property, the legal change in ownership takes place after property registration. Several laws come into picture in this highly complex legal procedure. This makes it of utmost importance to have … READ FULL STORY
If you are buying any immovable property including flat, land or building in Andhra Pradesh, you need to pay stamp duty on the transaction and register AP stamps and registration deed details with the AP … READ FULL STORY
The City and Industrial Development Corporation of Maharashtra (CIDCO) auctions plots and shops to the people of Maharashtra through CIDCO e-auction. How does the CIDCO e-auction work? The CIDCO board has shops and plots … READ FULL STORY
The real estate market has long faced challenges with land acquisition and property registration. The new e-registration system introduced by the government is a significant step forward, designed to simplify and modernise the process. … READ FULL STORY
The Maharashtra Housing and Development Authority (Mhada) auctions plots and shops to the people of Maharashtra through Mhada e-auction. How does the Mhada e-auction work? The Mhada board that has shops and plots for … READ FULL STORY
The stamp duty and registration charge in north-eastern state of Assam, are much higher than that in most other Indian states. Discussed in this article is the amount that you will have to pay … READ FULL STORY
Apart from the property’s cost, those looking to buy properties in Jaipur also have to pay a substantial amount as stamp duty and registration charges in Jaipur to get the title of the property … READ FULL STORY
When one buys a property, the sale consideration is generally paid for, by way of money. However it is not necessary that the consideration for the transfer of a property, should always involve money. … READ FULL STORY
February 27, 2024: The Noida Authority has made a decision to grant permission for the registration of at least 13,600 apartments across 35 stalled housing projects. This move comes after the respective real estate … READ FULL STORY
Property purchases in Agra are lucrative for a variety of reasons. Apart from the fact that this city in Uttar Pradesh attracts a large number of tourists every year being the seat of the … READ FULL STORY
States in India are empowered to impose taxes on property transactions. This is the leading sources of revenue generation for local governments in the country. This tax is primarily imposed in the form of … READ FULL STORY
Stamp duty and registration fee are taxes homebuyers in India pay to state governments at the time of property registry. States have the authority to impose this tax. Consequently, they are responsible to increase … READ FULL STORY
