Maharashtra Stamp Act Archives - Page 2 of 2

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.

Realty

₹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.

SquareFeatIndia
December 24, 2025
5 minute read

Bombay HC upholds deemed conveyance for Malad jewellery market society after 17-yr wait, rules MOFA agreements prevail over lease claims by Nusli Wadia & Raheja group entities. Justice Borkar dismisses writs.

Realty

Stamp Duty Refunds Now Virtually Guaranteed for Unexecuted Flat Agreements

In a relief for homebuyers, the Bombay High Court has ruled that stamp duty paid on never-signed flat agreements must be refunded in full, even years later—declaring it “unjust enrichment” for the state and prioritizing family hardships over procedural delays.

SquareFeatIndia
December 13, 2025
4 minute read

Realty

Renewal of Lease = New Lease, Attracts Stamp Duty Bombay High Court

The Bombay High Court has ruled that renewal of a lease deed constitutes a new lease, attracting fresh stamp duty. The judgment in the Tejomay Apartments case will significantly impact property owners renewing long-term government leases across Maharashtra.