Stamp Duty for Lease Agreements of Housing Societies in Mumbai Reduced to 0.5%

Similarly, New Maker Chambers’ liability would reduce from around Rs 119.47 crore to Rs 1.76 crore, while Sea Lot Cooperative Housing Society in Colaba would pay about Rs 27.05 lakh instead of Rs 176.82 crore. Abhilasha Premises Society in Colaba would see its stamp duty reduced from about Rs 104.83 crore to Rs 19.45 lakh, he said.

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