Maharashtra to cut construction premiums by 50% till December 31, 2021

The announcement, expected at the next cabinet meeting, is aimed at giving a boost to the real estate sector. The state has already reduced stamp duty from 5 percent to 2 percent, which has led to an increase in property sales.

Maharashtra: The Maharashtra government will slash construction premiums and levies by 50 percent till December 31, 2021. The announcement, expected at the next cabinet meeting, is expected to give a boost to the real estate sector. Read More...