Stamp Duty and Market Value of Land Rates Hiked in Telangana and its Effect on Buyers

People who are planning to purchase flats or land in Telangana state need to shell out higher amounts for the registration from now on. The Telangana government last week hiked the stamp duty and market value of lands in the state. Market rates for agricultural lands, apartments and open plots have increased, and the stamp duty rate is hiked from 6% to 7.5% for sale and other transactions. This is the...

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