Issued by: Economic Times | Kailash Babar | 28 April 2020
This is a high time to use amended provision to Bombay Stamp (Determination of True Market Value of Property) (1st Amend) Rules, 2018 which allows to “increase or decrease” the value.
Time bound RR cut (upto 40%) will create much needed window for the developers to reduced sale price for the project and generate demand.
