The Free Press Journal

More than 2K houses sold in city this week

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SWEETY ADIMULAM Mumbai

In the first week of February, sales of over two thousand houses were recorded, according to the data available with the state stamp duty registrati­on office. The sale of these many houses has generated revenue of Rs 84.41 crore through stamp duty. While in the entire state of Maharashtr­a, a total of 38,180 houses were sold which generated revenue of Rs 298.97 crore.

While in January over 9,000 houses sold out in Mumbai alone generating revenue of Rs 263.33 and about 13,000 houses were sold in the entire state during this period earning revenue of Rs 1014.79 crore.

Currently, the state takes three per cent on stamp duty registrati­on. The concession on stamp duty from the previous five per cent is now three which will remain so till March 31. Earlier, the stamp duty charges were 2% till December 2020.

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