Real Estate industry demands Maharashtra govt reduce stamp duty from 5% to 2%

The real estate has once again asked for a reduction in stamp duty blaming the second wave of theCovid pandemicfor subdued sales.

In separate letters to chief ministerUddhav Thackeray, deputy chief minister Ajit Pawar who also holds the finance portfolio and to revenue minister Balasaheb Thorat,CREDAI-MCHI, the real estate representative body has asked for reversal of stamp duty to 2% till March 2022.