Bengal Govt’s Durga Puja Gift of Circle Rate & Stamp Duty Rebate
We welcome wholeheartedly the decision taken by the state Govt. In fact the decision to provide 2% reduction in stamp duty and 10% in circle rate taken in the year 2021, had revived the pandemic ridden real estate sector a great deal. This extension further till Dec 2022, would help home buyers to take their decisions to buy their own homes. The decision of the Govt of West Bengal to extend the rebate in stamp duty and circle rate is a coveted Durga Puja gift. Such breather will also accelerate the sales of the real estate sector. We also request the Govt to reduce the circle rates particularly for land in suburbs, sector V and also permanently to reduce the stamp duty on constructed properties by 2%.
Tags : Bengal Government Durga Puja Gift Rate Stamp Duty Rebate Sushil Mohta President Credai West Bengal Chairman Merlin Group real estate sector