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Circle Rate may be Increased in 12 District of utter pradesh from March 1
गौतमबुद्धनगर समेत एक दर्जन जिलों में मार्च से जमीन खरीदना और महंगा हो जायेगा। कारण स्पष्ट है कि इन जिलों में जमीनों के सर्किल दरों में वृद्धि की जा रही है। इससे पूर्व अक्टूबर में सर्किल दरें 25 से 30 प्रतिशत बढ़ाई गयी थी। अब संभावना व्यक्त की जा रही है कि 15 से 20 [...]
Continue reading...Mumbai property registration charge to rise 1%
17. November 2009
Revenue department has approved a proposal to levy a flat one per cent charge on property registrations with immediate effect, doing away with the Rs 30,000 ceiling. Revenue Minister Narayan Rane lifted a stay on an earlier order of the government. The decision on the one per cent property registration fee was taken by then Revenue [...]
Continue reading...stamp duty made easy
29. August 2009
In a move to bring relief to property buyers and make transactions hassle-free,Haryana government has introduced a people-friendly scheme for depositing stamp duty at State Bank of India counters by substituting stamp papers. State revenue secretary Urvashi Gulati says that under the new scheme, an executant will have to deposit the amount of stamp duty at [...]
Continue reading...Property owners to get title deeds
24. August 2009
Move To Curb Fraud & Help Land Transfer In a move to promote efficient land markets and enhance the capitalisation potential of property, the urban development ministry has urged state governments and local bodies to speed up the property title certification system (PTCS) to grant conclusive title guarantee as part of the reforms agenda [...]
Continue reading...Ordinance Reduces Stamp Duty, But Registration Cumbersome
5. June 2009
Bangalore: The anomaly has finally been set right. Buyers of new apartments who are eager to do the maiden registration will pay 6% stamp duty. GPA holders executing a transaction will also pay less — 6% instead of the earlier 7.5%. On Thursday, an ordinance was issued by the department of parliamentary affairs bringing down the stamp [...]
Continue reading...Stamp duty and purchase of property
27. March 2009
Stamp duty is a legal tax payable in full and acts as an evidence for any sale or purchase of a property . The levy of stamp duty is a State subject and thus the rates of stamp duty vary from state to state. The Centre levies stamp duty on specified instruments and also [...]
Continue reading...Property consultants want Ambala land freehold
7. February 2009
AMBALA PROPERTY Consultant Association (APCA) has demanded to make Ambala Sadar land freehold. Talking to mediapersons after the general meeting today, APCA secretary general R.N. Samrat said residents are facing great difficulties due to legal encumbrances of the land, which was taken out of the Cantt area jurisdiction in 1977.Demanding scrapping of NoC, he [...]
Continue reading...Know your SAS
2. February 2009
More properties to target more tax “We cannot say the system is 100% foolproof but this time, we are on the right track and better prepared,” according to BBMP commissioner S Subramanya. No increase in rates and standing to lose depreciation on most properties for nine years, the Palike’s only hope of increased revenue is getting [...]
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22. February 2010
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