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Thursday, 27 Aug 2020
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Project fraternity shares view on Maharashtra stamp duty reduction

Home Buyers
 
Bhushan Nemlekar, Director, Sumit Woods 
"The state Government's decision on stamp duty reduction is a welcome move and a festive gift for home buyers. It will surely improve the sentiments and instil confidence in homebuyers. With home loan rates at a decade low, it will benefit the consumers to buy their dream home. The real estate industry is happy and thankful that the state government is taking proactive steps to review the economy and the sector."
 
Rohit Gera, Managing Director, Gera Developments
"The proactive move by the Government of Maharashtra to reduce stamp duty is most welcome. This will help the struggling real estate sector tremendously. The 2 tiered reduction will help incentivise home buyers to purchase sooner rather than later''. 
 
Sujay Kalele, Founder, TRU Realty
"This is a big booster for real estate industry as it lowers the cost of acquisition of the property for the customers. This coupled with lower interest rates should kick start the sales cycle for the industry".
 

 

 
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