Browsing Tag

Stamp duty

204 posts
In a landmark move for the real estate sector, the Inspector General of Registration (IGR), Maharashtra, has launched a new online e-registration system for property agreements. Hiranandani Fortune City in Panvel is the first real estate project in the state to adopt this digital framework, marking a significant step toward enhanced efficiency and transparency in property transactions. The new system allows for the complete online registration of property agreements, eliminating the need for physical visits to Sub-Registrar Offices (SROs).

Hiranandani Fortune City, Panvel, Becomes First to Implement Maharashtra’s New Online Property E-Registration

In a landmark move for the real estate sector, the Inspector General of Registration (IGR), Maharashtra, has launched a new online e-registration system for property agreements. Hiranandani Fortune City in Panvel is the first real estate project in the state to adopt this digital framework, marking a significant step toward enhanced efficiency and transparency in property transactions. The new system allows for the complete online registration of property agreements, eliminating the need for physical visits to Sub-Registrar Offices (SROs).
Mumbai recorded 12,070 property registrations in September 2025, marking a 32% YoY rise and the best September since 2013. Stamp duty revenues grew 47% YoY to ₹1,292 crore, boosted by festive demand and strong buyer confidence in suburban markets.

Mumbai Property Market Remains Resilient, Crosses 11,000 Registrations in August

Mumbai’s property market saw over 11,000 registrations in August 2025, reinforcing its resilience. Residential transactions led the way, driven by a strong preference for compact apartments and a steady rise in the luxury housing segment.
Mumbai’s August 2025 property registrations fell to 11,230 and stamp duty to ₹1,000 crore, down 11% and 19% month-on-month. The dip signals a demand pause ahead of the festive season, with pricing and offers set to decide the next leg.

Mumbai Property Registrations Down 11% MoM in Aug 2025; Stamp Duty Revenue Slips 19% to ₹1,000 Cr

Mumbai’s August 2025 property registrations fell to 11,230 and stamp duty to ₹1,000 crore, down 11% and 19% month-on-month. The dip signals a demand pause ahead of the festive season, with pricing and offers set to decide the next leg.
pune-real-estate

Pune Property Market Sees Mixed Trends in May 2025; Year-to-Date Performance Strong

Pune’s property market in May 2025 experienced a minor decline in registrations and stamp duty, yet the first five months of the year recorded the highest property registrations and revenue in four years, showcasing the market’s underlying strength.

Adani Group’s Mah-Hill Properties Acquires Prime Malabar Hill Land for ₹170 Crore

Mah-Hill Properties Pvt Ltd, a subsidiary of the Adani Group, has expanded its portfolio with the acquisition of a prime land parcel in the prestigious Malabar Hill area of South Mumbai for ₹170 crore, according to property registration documents. The transaction involved the transfer of ownership of over 48,000 sq ft of land from Behram Nowrosji Gamadia, which also includes a 257 sq m structure. Records indicate that this property boasts a rich history, with ownership rooted in the pre-independence era and passed down through the Gamadia family.