Browsing Tag

property buyers

2 posts
ITAT Mumbai rules that Section 56(2)(x) additions cannot be made without DVO valuation when stamp duty value is disputed due to title defects or encroachments.

Bought Property at Lower Price Due to Legal Issues? Stamp Duty Value Can’t Be Applied Blindly

ITAT Mumbai rules that Section 56(2)(x) additions cannot be made without DVO valuation when stamp duty value is disputed due to title defects or encroachments.
Maharashtra Government Hikes Ready Reckoner Rates for 2025-26; Property Prices Set to Rise

Maharashtra Government Hikes Ready Reckoner Rates for 2025-26; Property Prices Set to Rise

The Maharashtra government has announced a revision in Ready Reckoner Rates (RRR) for 2025-26, leading to an average hike of 3.89% across the state. Mumbai sees a 3.4% increase, while Thane, Solapur, and other key cities experience sharper hikes. This revision is set to impact property valuations, stamp duty, and registration charges, potentially raising real estate costs for buyers and investors. Industry experts urge a gradual approach to balance market stability and affordability.