“STAMP DUTY WAIVER ON PROPERTY REGISTRATION ENDED ON MARCH 31 & REGULAR RATES APPLICABLE ON APRIL 1”

The Maharashtra government on March 31ST decided not to extend the stamp duty waiver on property registrations and kept the Ready Reckoner Rates unchanged for the financial year 2021-22,Regular stamp duty rates will be applicable from April 1 onwards. The 1% stamp duty waiver for women homebuyers announced on March 8 will be applicable from April 1, revenue minister Balasaheb Thorat tweeted.The deadline for the 2% stamp duty waiver was to expire on March 31.Stamp Duty waiver decision of Maharashtra Government has been given big booster to real estate market in Pune & Mumbai city. Due to this reduction in …

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“MAJOR REASON TO BUY PROPERTY BEFORE 31 MARCH 2021”

Stamp Duty will increase by 2% after 31 March 2021.Maharashtra government has reduced stamp duty rates for last 6 month, Initially reduced by 3% for Oct-Dec & for Jan -Mar reduced by 2%. It gave huge booster to Real Estate Market.Those Who purchased property in this period they have enjoyed this reduced rate benefits. PMYA Scheme is ending on 31 March 2021. This Scheme is applicable to first home buyers and it gives subsidy of Rs 2.45 Lakh To 2.67 Lakh. Pradhanmantri Awas Yojana scheme was closing in 2019 but due to Covid 19 this scheme is extended till 31 …

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“RESIDENTIAL & COMMERCIAL PROJECTS PUNE”

HOT PROPERTIES IN PUNE :-BUY  Property for sale in pune   Serviced Apartments for sale in pune  Villas for sale in pune  Apartments for sale in Pune  Studio Apartments for sale in Pune  New Project in Pune  House for sale in Pune  Plots for sale in Pune  Property Dealers in pune  Builders Floor for sale in pune  Flats in Pune   HOT PROPERTIES IN PUNE :- RENT  Property for rent in pune  Serviced Apartments for rent in Pune  Property Dealers for rent in Pune  Apartments for rent in pune  Studio Apartments for rent in Pune  House for rent in Pune  Flats …

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“QUICK LINK FOR ALL RESIDENTIAL & COMMERCIAL PROJECTS PUNE”

BANER & BALEWADI :-  SUPREME ESTIA  PRIDE PLATINUM PLUS  KALPATARU JADE  BEVERLY HILLS  RAHUL ARCUS  VTP SIERRA  GURURATNA HERITAGE  MARUTI MILLENIUM TOWER  TEERTH TOWER  ANJOR GOLD  SOLITAIRE BUSINESS HUB  BELLACASSA ROYALE  TRIDENT BUSINESS CENTRE JANKI RAINBOW   RACHANA ETERNIA CREAST AVENUE  REGENCY CLASSIC  PLATINUM 9  AMBER  CELINA  YASH TWIN TOWER  LEGACY AEON  MONT VERT GRANDE  PYRAMID AXIS  TEERTH TECHNOSPACE  ELINA  SOLITAIRE 9  CRYSTAL TOWER  45 PARAMOUNT  GANGA ACROPOLIS PALMARIUS  GOLDEN FOREST  THE SPIRE  11 WEST PANCHSHIL  MONTCLAIRE  EMIRUS  THE BALMORAL ESTATE  B ZONE BANER  WESTERNHILLS  AURA RESIDENCES  ONE PLACE BANER   CHLOROPHILL  24K SERENO KUMAR SELENA  VTP SOLITAIRE KUMAR SANCTUM  SOLITAIRE BUSINESS …

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“LIST OF DOCUMENTS REQUIRED FOR BUYING A FLAT ON RESALE”

1.AGREEMENT TO SALE/ SALE DEED/ INDEX II 2.DEED OF APARTMENT 3.SHARE CERTIFICATE IF CO-OP HOUSING SOCIETY REGISTERED 4.SOCIETY NOC/NO DUES CERTIFICATE 5.BLUE PRINT 6.LIST OF DOCUMENT IF SELLER HAS BANK LOAN ON PROPERTY 7.SOCIETY REGISTRATION CERTIFICATE 8.COMPLETION CERTIFICATE 9. LIGHT BILL 10.PROPERTY TAX BILL/RECEIPT 11.PARKING ALLOTMENT LETTER 12.BANK NOC /NO DUES FROM SELLERS LOAN BANK 13.PAN CARD XEROX OF SELLER & BUYER 14.ID PROOF / PAN CARD XEROX 15.FLOOR PLAN 16.POSSESSION LETTER 17.PARKING ALLOTMENT LETTER Top 5 Pre-Launching Project In Pune West Market:- Supreme Estia Baner :-https://bit.ly/2LHF136 ANP Atlantis Baner :-https://bit.ly/2Th1qIQ Park Astra Park District Hinjewadi :-https://bit.ly/30rya6j The Central Park …

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FUNCTIONS OF “REAL ESTATE AGENTS” UNDER MAHARERA ACT

not facilitate the sale or purchase of any plot, apartment or building, as the case may be, in a real estate project or part of it, being sold by the promoter in any planning area, which is not registered with the Authority maintain and preserve such books of account, records and documents as may prescribed not involve himself in any unfair trade practices, namely: — (A) the practice of making any statement, whether orally or in writing or by visible representation which————————————————— (B) permitting the publication of any advertisement whether in        any newspaper or otherwise of services that are not …

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MAHARASHTRA GOVERNMENT REDUCES STAMP DUTY 2%TO BOOST REAL ESTATE SECTOR.

MAHARASHTRA STAMP ACT The Government of Maharashtra, being satisfied that it is necessary to do so in the public interest, hereby reduces the stamp duty by Two per cent. For the period starting from the 1st September 2020 and ending on 31st December 2020 and one and half per cent. For the period starting from 1st January 2021 and ending on 31st March 2021. Top 5 Pre-Launching Project In Pune West Market:- Supreme Estia Baner :-https://bit.ly/2LHF136 ANP Atlantis Baner :-https://bit.ly/2Th1qIQ Park Astra Park District Hinjewadi :-https://bit.ly/30rya6j The Central Park Chinchwad :-https://bit.ly/2Dc9mGM Mantra Monarch :-https://bit.ly/30ypGKR Top 5 Real Estate Brokers in …

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“REAL ESTATE TAXES IN MAHARASHTRA”

GST: – GST (Good & Service Tax) on property in Maharashtra Under GST, a single tax rate of 12% is applicable on properties under construction while GST is not applicable on completed or ready to sale properties which was the case in previous law. Current GST Rates In Maharashtra:- GST rate on real estate With the intent to simulate demand amid a prolonged slowdown, the government has reduced the GST rate on property transactions significantly. This could potentially lower the buyers’ pay-out by 4%-6% on the overall purchase, believe experts.While the new tax rate without input tax credit (ITC) will apply on all new projects, builders were …

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Residential real estate strongly poised for a bounce back: Godrej Properties

KEY HIGHLIGHTS Real estate sector has been under pressure for a very long time Work has started in few cities, things still at a standstill in Maharashtra Current situation will accelerate the consolidation in the sector The residential real estate sector is poised for a strong comeback as affordability is at the best, says Mohit Malhotra, Managing Director & Chief Executive Officer, Godrej Properties. Speaking to ET Now, he said, “once the economy comes back we will see a very sharp recovery in the residential real estate sector. because affordability is at all-time high. Repo rate of 4.4% is the lowest …

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Why You Should Invest in Real Estate Now??

Amid coronavirus pandemic, real estate has once again emerged as the safest investment option. For Indians, owning a home has been traditionally considered a matter of prestige as well as safety. The sector has been in the doldrums from the last few years with the sharp rise in equity markets with investor sentiment favouring the latter. A preference for paying rents as against making long-term investment commitments in homes gained prominence. The reluctance to invest in real estate was based on shorter returns, a higher rate of interest on home loans and the argument that it is cheaper to rent …

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