s.d.kahaley, Nagpur
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Is there any difference in stamp duty on purchase of newly constructed flat and a flat constructed 15 years ago in the s
Q: Is there any difference in stamp duty on purchase of newly constructed flat and a flat constructed 15 years ago in the same locality?

Latest Answer: Right Hitesh........the Urban Development Department has finally cleared the proposal yesterday to increase stamp duty by 1% in Metro Rail corridor. The corridor is the area lying within 500 metres on both sides of the Metro track. The duty will now be 7.5% instead of 6.5%. The 1% registration charge (maximum Rs.30000) will remain unchanged. The stamp duty in the city except the area under Metro corridor will remain at 6.5%.

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