Browsing Tag

Maharashtra Stamp Act

8 posts
Ten X Realty South Ltd and Shanti Om Residency sign Rs 770-cr JDA for major Parel SRA project; stamp authorities fix duty at Rs 38.49 crore.

Ten X Realty, Shanti Om Seal Rs 770-Cr JDA for Parel SRA

Ten X Realty South Ltd and Shanti Om Residency sign Rs 770-cr JDA for major Parel SRA project; stamp authorities fix duty at Rs 38.49 crore.
Maharashtra has kept Ready Reckoner rates unchanged for FY 2026–27, providing relief to homebuyers and developers while helping maintain affordability and market stability.

Maharashtra Stamp Duty Shock: Penalty Hikes to ₹1 Lakh for Under-Stamped Property Deals – 20x Jump!

Maharashtra CM proposes hiking penalties for insufficient stamp duty to ₹1 lakh – a 20x increase from ₹5,000 – under key Stamp Act sections, posing big financial threats to homebuyers registering property deals.
In a stark reminder of delayed justice in Mumbai’s property cases, the Bombay High Court has finally ordered eviction of a licensee from a Bandra flat after nearly 48 years of legal battle. (130 characters)

Bombay HC Quashes ₹3 Cr+ Stamp Duty Demand on Romell Real Estate’s Malad Slum Project

Bombay HC quashes ₹3 Cr+ stamp duty demand against Romell Real Estate in Malad slum redevelopment case. Court rules Permanent Transit Camp (PTC) cannot be added to consideration per Guideline 26 & holds CCRA order time-barred beyond 6-year limit under Section 53A.
kolte patil

Bombay High Court Quashes ₹1.96 Crore Stamp Duty Demand on Kolte Patil Rules Authorities Acted Without Jurisdiction

The Bombay High Court has quashed a ₹1.96 crore stamp duty demand against Kolte Patil Developers, ruling that authorities acted without jurisdiction and beyond statutory limitation.
In a blow to real estate borrowers, the Bombay High Court has ruled that a single mortgage securing multiple loans counts as separate transactions, forcing Mumbai developer Neepa Real Estates to pay an extra ₹72 lakh in stamp duty and penalties on ₹625 crore worth of loans.

₹625 Crore Loans, One Mortgage Deed – Now Developer Pays ₹72 Lakh Penalty

In a blow to real estate borrowers, the Bombay High Court has ruled that a single mortgage securing multiple loans counts as separate transactions, forcing Mumbai developer Neepa Real Estates to pay an extra ₹72 lakh in stamp duty and penalties on ₹625 crore worth of loans.