Tuesday, March 17, 2020

Karnataka Budget proposes Reduction of Stamp Duty on First Time Registration of New Apartments / Flats

The Karnataka Budget 2020 has proposed the reduction of stamp duty from 5% to 2% on first-time registration of new apartments/flats costing less than Rs.20 lakh. While presenting the Karnataka budget in the assembly, Chief Minister B S Yediyurappa who also holds finance portfolio also said that this proposal was made to promote affordable housing. […]

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