Homebuyer confidence in Mumbai remains strong while the outlook remains positive leading to a substantial upswing in property sale registrations
Boost to home buys even in the absence of rebate on stamp duty; low home loan rates and discounts buoy the purchase
If the seller in question refuses to give you duplicates of the property documentation, move on to the next seller
Section 80C of the Income Tax Act, 1961 allows for a deduction for stamp duty and registration fees paid when purchasing property
Section 80C of the Income Tax Act 1961 allows for a deduction of up to Rs 1,50,000 on specific investments
Though SC struck down Bengal's legislation to regulate real estate sector, the state govt is yet to enforce the central legislation to fill the vacuum
There are ample tax benefits apart from Section 80C deductions available under the Income Tax Act that you can avail by investing in right instruments
If you are looking to buy a property, you must factor in a number of expenses that you may have to incur other than the quoted price of the property
Addressing a webinar, realtors' body Naredco's Chairman Rajeev Talwar said, "we need to cut down the stamp duty by half"
Both, the buyer and the seller have to bear the burden of taxes on an individual level