80% waiver on Stamp Duty on Property Transfer Done via allotment letter on or before June 20, 2025

Jasmine Khurana

Real Estate Journalist

Mar 8, 2025

01:45 PM

80% waiver on Stamp Duty on Property Transfer Done via allotment letter on or before June 20, 2025

The Maharashtra government has announced a significant relief for property buyers with an 80% waiver on stamp duty for property transfers done via allotment letters on or before June 20, 2025. This move is expected to boost the real estate sector and provide substantial savings to homebuyers...

Key Highlights

The stamp duty waiver applies to properties where the allotment letter was issued on or before June 20, 2025. This is a major relief for buyers who have been waiting to complete their property registrations.

80% reduction in stamp duty charges
Applicable for allotment letters dated before June 20, 2025
Expected to save buyers lakhs of rupees
Boost to the real estate market in Maharashtra
Simplified registration process

Impact on Homebuyers

This waiver is expected to significantly reduce the financial burden on homebuyers, making property ownership more accessible. Industry experts believe this will lead to increased property registrations in the coming months.

Government's Perspective

The government aims to streamline property transactions and encourage more people to complete their pending registrations. This initiative is part of a broader effort to boost the real estate sector and increase revenue through higher transaction volumes.