{"id":1172,"date":"2023-03-10T08:20:42","date_gmt":"2023-03-10T08:20:42","guid":{"rendered":"https:\/\/www.homebazaar.com\/news\/?p=1172"},"modified":"2023-03-10T12:28:30","modified_gmt":"2023-03-10T12:28:30","slug":"stamp-duty-cut-in-maharashtra-budget-2023-to-benefit-women-homebuyers","status":"publish","type":"post","link":"https:\/\/www.homebazaar.com\/news\/stamp-duty-cut-in-maharashtra-budget-2023-to-benefit-women-homebuyers\/","title":{"rendered":"Stamp Duty Cut In Maharashtra Budget 2023 To Benefit Women Homebuyers"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Devendra Fadnavis, the state&#8217;s deputy chief minister, today proposed a 1% stamp duty rebate for women. The Maharashtra Government&#8217;s action, which came one day after the commemoration of International Women&#8217;s Day, is anticipated to lower the cost of homeownership for women in the state.\u2019<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Homebazaar.com, the Maharashtra Government&#8217;s initiative will help women in the state feel more at home in their own homes while also enabling them to save money on the cost of property registration.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The retention of the 1% stamp duty concession for female homeowners is the standout feature of the Maharashtra state budget. The action will support women&#8217;s desire for homeownership. The budget closely followed the infra push that was mentioned in the Union Budget. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The initiative to improve connectivity and infrastructure in Maharashtra will present chances for a variety of real estate development types, including residential, retail, commercial, and warehousing. The increased connectivity will spur the development of new real estate micro-markets and lead to the formation of new epicentres for Mumbai and the MMR.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Given the potential, it appears likely that the real estate industry would play a large role in Maharashtra&#8217;s economy and contribute significantly to the aim of a $5 trillion Indian economy.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Furthermore, Fadnavis stated that women will receive a 50% discount on state buses.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The Maharashtra government also intends to build 40,000 new homes under the PM Awas programme, of which 25,000 will go to the Matang Samaj and 1.5 lakhs to the underprivileged.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Devendra Fadnavis, the state&#8217;s deputy chief minister, today proposed a 1% stamp duty rebate for women. The Maharashtra Government&#8217;s action, which came one day after the commemoration of International Women&#8217;s Day, is anticipated to lower the cost of homeownership for women in the state.\u2019 According to Homebazaar.com, the Maharashtra Government&#8217;s initiative will help women in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1173,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38,41,117,28],"tags":[393,359,392,99,77,383],"class_list":["post-1172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mumbai","category-pune","category-real-estate","category-residential","tag-devendra-fadnavis","tag-latest-real-estate-news","tag-maharashtra-budget-2023","tag-mumbai","tag-pune","tag-stamp-duty"],"_links":{"self":[{"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/posts\/1172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/comments?post=1172"}],"version-history":[{"count":0,"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/posts\/1172\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/media\/1173"}],"wp:attachment":[{"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/media?parent=1172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/categories?post=1172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homebazaar.com\/news\/wp-json\/wp\/v2\/tags?post=1172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}