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 March 2021.
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