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Property Description

The Maharashtra government's cabinet on September 30 announced a revision in the stamp duty rates for select property transactions and also made announcements with regard to the Dharavi redevelopment project, the country’s largest slum cluster. 1. Stamp duty rates revised for documents required for awarding work contracts The Maharashtra government has decided to revise the stamp duty structure for registration of documents that are required for awarding work contracts, amalgamation of plots, restructuring, division and mergers to an unspecified amount depending on the value of the amount involved in awarding these contracts, the government statement said.