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Karnataka announces stamp duty cut for affordable housing

 Stamp duty is a significant wellspring of income for state governments. It is an assessment the state government demands on buys, in light of the market estimation of a property. The duty sum is income for the authorities and the returns go towards formative work. At the point when you purchase a property, you should enroll the possession archives in government records as commanded by the Registration Act, 1908. You are additionally at risk to pay a specific level of the property cost towards such registration. These mandatory charges amount to the general cost of possessing a home in any city. The equivalent is valid for Bangalore. While trying to surrender a leg to the property market, the Karnataka government, in May 2020, cut stamp the stamp duty Bangalore charges from 5% to 3%, for properties in the scope of Rs 21 lakhs to 35 lakhs. In 2019, stamp duty was supported from 5% to 2%, for properties up to Rs 20 lakhs. To address the worries of the individuals who are searching for p

Real Estate Sector 2018 - Trends and Expectations

If you have plans of investing in a plot then Embassy Springs Bangalore will be the investment option available around. With the Real estate industry no doubt will continue to get bigger as the buyer’s desire will remain obstinate and its customer base will grow and change the imminent. As the Real estate industry will evolve it will play a wide role well beyond real estate products and services. The individual companies will vie to become undisputed leaders by size and breadth and the ecosystems will develop that have a tight grip on the customer loyalty. The recent government initiation towards the real estate market which came into effect like the RERA, GST and demonetization have all been a positive approach. And the buyer’s confidence is getting a boost because of the increasing clarity while they are buying. The long term market dynamics for the Real estate sector is expected to be positive, especially the residential market sector. The developers now are