Call for moderating stamp duty to boost realty sector in tier 2 cities, small towns The Times of India
The announcement in the first Union Budget of Modi 3.0 govt to moderate stamp duty rates for homebuyers and further duty reduction for women buyers are seen bolstering the real estate sector in tier 2 cities and small towns. The stamp duty in urban areas of Madhya Pradesh is 12.5 per cent for men and 10.5 for women. Developers expect the centre's move to moderate stamp duty will drive the real estate market.
