Among the many taxes that buyers have to pay on property purchase is the Goods and Services Tax or GST on flats and apartments. In this guide, we examine the implications of the GST … READ FULL STORY
In a move to promote property ownership in the state, the Madhya Pradesh government, on September 7, 2020, announced a reduction in stamp duty charges for registration of properties, by 2%. With the reduction, … READ FULL STORY
The Department of Registration and Stamps is responsible for registering various transactions in Rajasthan. Property transactions remain one of the high-token transactions, apart from 33 other deeds and related transactions such as Godnama, vibhajan … READ FULL STORY
The stamp duty charges in Tamil Nadu applicable on property transactions is quite high compared to other Indian states. This means, when you buy a property in the state, you will need to reserve a … READ FULL STORY
Stamp duty Haryana is that amount you have to pay to the sub-registrar’s office to get a property registered under you name. In other words, to get the ownership of real estate transferred in … READ FULL STORY
In a move to boost property transactions, the state government has extended the 2% West Bengal stamp duty concession till March 31, 2022. Earlier, the reduced rate were applicable only till January 31, 2022. … READ FULL STORY
When you take a home loan, the same is secured by way of a mortgage. The Transfer of Property Act, 1882, defines a mortgage and enumerates various types of mortgages. Let us understand what … READ FULL STORY
As is true of asset purchases in all parts of India, property buyers in Uttar Pradesh (UP) are also liable to pay stamp duty and registration charges for property registration in UP, to get … READ FULL STORY
Home buyers in Kochi have to pay a certain portion of the property value as stamp duty and registration charges to get the property title transferred in their name in government records. The Kerala … READ FULL STORY
Property purchases in Aga, a city known throughout the word for the Taj Mahal, are lucrative for a variety of reasons. Apart from the fact that this city, in Uttar Pradesh, attracts a large … READ FULL STORY
Just like any other state, property buyers in Punjab have to pay a stamp duty, based on the transaction value and registration charges, for availing on the registration facility from the sub-registrar’s office. Discussed … READ FULL STORY
Goa hikes property registration charge June 20, 2021: Owing to the stress caused by the Coronavirus pandemic that has adversely hit revenue collection, the Goa government has increased property registration charges on properties falling … READ FULL STORY
Anyone is free to buy property in Jammu and Kashmir (J&K), since the government, in October 2020, issued a notification titled, ‘The Union Territory of Jammu and Kashmir Reorganisation (Adaptation of Central Laws) Third … READ FULL STORY