#WeeklyNewsRoundUp: Mumbai Property Buyers To Pay 6% Stamp Duty

Mumbai property buyers will soon have to pay one per cent additional stamp duty as surcharge with the Maharashtra government passing a Bill in this respect on November 27. With this, buyers of property in Mumbai, one of the costliest property markets in the world, will have to pay six per cent stamp duty on purchases from the earlier five per cent.

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With an aim to find takers for its housing units by improving connectivity, the Delhi Development Authority has started shuttle bus services at Narela. The bus service will be between Sectors G2, G8 and the nearest bus stops. The service will be later extended to Siraspur and newly developed Sectors of Rohini.

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The Kolkata Municipal Corporation (KMC) has invited the Comptroller and Auditor General's ire over the collection of property tax dues that run into multiple crores. Earlier this month, the KMC had decided to serve distress warrant to defaulters as it failed to recover Rs 50 crore tax from 7.6 lakh assesses within its jurisdiction.

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Construction giant Shapoorji Pallonji and Company is among the 11 firms penalised by the Gautam Buddh Nagar Administration for violating the National Green Tribunal's (NGT's) orders on pollution. The NGT had earlier this month ordered temporary ban on construction activities in the Delhi-National Capital Region in the wake of alarming air pollution situation.

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The Delhi High Court has ruled that harassed parents can evict their children from any type of property. The nature of the property, ruled the HC, would in no manner act as a deterrent in eviction of children and legal heirs who ill-treat their elderly parents. The court ruled that after an amendment in the Delhi Maintenance and Welfare of Parents and Senior Citizens (Amendment) Rules, 2017, through which the term “self-acquired was done away with, seniors citizens can apply for eviction of their “son, daughter and legal heir from the property of any kind ─ movable or immovable, ancestral or self-acquired, tangible or intangible”.

Source: Media reports