Property Registration At Flat 1% In Maharashtra
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Published: November 29, 2009 at 9:22 PM |
Author: Administrator
News Source: 17 Nov 2009 - Rediff.com |
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Revenue department has approved a proposal to levy a flat one per cent charge on property registrations. Revenue minister of Maharashtra, Mr. Narayan Rane lifted a stay on an earlier order of the government. As per the new order, if the ready-reckoner value of a property according to the government is Rs 1 crore (Rs 10 million), the registration fee to be paid will be Rs 100,000.
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