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Stamp duty cut unlikely to spur quick investments into projects

Stamp duty cut unlikely to spur quick investments into projects SECTIONS Last Updated: Mar 10, 2021, 01:51 PM IST Share Synopsis Yediyurappa has proposed to cut the stamp duty rate on flats priced between Rs 35 lakh and Rs 45 lakh to 3% from 5%, provided it is a primary sale by the builder to homebuyer and not subsequent transaction. Rajendra Joshi, chief executive (residential) of real estate developer Brigade Enterprises, said the duty benefit has been declared only for 2021-22. Karnataka c...
Rajendra Joshi Kishore Jain D Vijaya Kumar Brigade Enterprises Canara Bank Credai Bengaluru

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