What is RERA? RERA or the Real Estate (Regulation and Development) Act, 2016 is an act passed by the Indian Parliament to protect the interests of home buyers by regulating the real estate sector. After Parliament passed the central version of the Real Estate (Regulation and Development) Act 2016, states including Haryana started enacting their own version of the real estate law-HERERA, keeping in...
October 13, 2022: In a move that is set to make buying costlier for mid-segment home buyers in Goa, the union territory government has increased stamp duty for properties priced at Rs 50 lakh and above. While stamp duty on properties up to Rs 50 lakh has been kept unchanged at 3%, stamp duty on properties between Rs 51 lakh and Rs 75 lakh has been increased to 4% from the previous 3.5%. For properties...
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 land registration and property department. Under section 17 of the Indian Registration Act 1908, AP stamps and registration deed details of every immovable property sold should be registered in the...