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

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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.