Browsing Tag
property registrations
Revenue collections grow for all states as property registrations continue to surge
Robust property sales across the country is helping state governments fetch higher revenues through collections of stamp duty charges, although impact of recent rate increases remains a overhang on long-term momentum.
Cumulative revenue…
Third covid wave: Property registrations in Mumbai fall 20% in January
BENGALURU: Property sale registrations in Mumbai city, spanning the Municipal Corporation of Greater Mumbai (MCGM) region, saw a 20% dip to 7,732 units in January 2022 from 9,320 units in December 2021, largely due to the impact…
Mumbai sees 18% y-o-y dip in property registrations in November
Bengaluru: Mumbai recorded property sale registrations of 7,582 units in November, an 18% decline year-on-year compared to the corresponding month last year, when the stamp duty rate was reduced to 2%.…