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In bid to boost realty, Maharashtra cuts stamp duty for 7 months

Date: 27-Aug-2020
In a major decision to revive the stagnant property market, the state cabinet on Wednesday decided to reduce stamp duty on flats for seven months, starting September. The duty will be lowered from the existing 5% to 2% starting September 1 till December 31 and will be pegged at 3% from January 1 till March 31, 2021. read more


Property registrations up in June after two-month slack in Maharashtra

Date: 02-Jul-2020
Property registrations across the state, particularly in Mumbai and Pune regions, increased significantly in June. While the revenue collection in the first quarter of this fiscal was 78% less than the corresponding period last year, in June, it was much better—67% less than the same period in 2019-20. Developers and officials were optimistic and said the numbers will only get better from here on... read more


Property registration from builder's office by July-end

Date: 01-Jul-2020
Property buyers can register their agreements online sitting in the builder’s office by July-end. Builders and developers are being given access to a software to enable such a process. The pandemic and restrictions on travel has prompted the move to revive the market. Property registration officials said the online option will only be available at the first sale or for the primary market for easier verification process. The secondary or re-sale market has been kept out of this convenience... read more


Home loan rates of public sector banks turn attractive

Date: 01-Jul-2020
Starting 1 July 2020, the State Bank of India is offering home loans starting at 6.95%. This will be the second-lowest rate for home loans after Bank of Baroda, which offers home loans from 6.85% onwards. In the second week of June, the country's largest bank had announced a reduction in its external benchmark linked lending rate to 6.65% from 7.05%. The bank had also reduced the marginal cost of funds-based lending rate (MCLR) to 7% from 7.25%... read more


MHADA cuts premium on redevelopment projects

Date: 28-Jun-2020
The Maharashtra Housing and Area Development Authority (MHADA) has announced a series of measures to expedite the process of redevelopment of MHADA colonies across the city, as many of them are in dilapidated condition. MHADA has agreed to make applicable reduced premium rates for existing ongoing redevelopment projects as well. The authority reduced the rate of premium for redevelopment projects in August last year... read more


Maharashtra cuts stamp duty by 1% for two years

Date: 07-Mar-2020
Maharashtra Deputy Chief Minister Ajit Pawar announced concessions for two years in stamp duty for registration of documents which is expected to breathe new life into the ailing realty sector in Mumbai, Mumbai Metropolitan Region, Pune, Pimpri-Chinchwad and Nagpur. The duty will be down by 1 percent from existing 6 percent to 5 percent in these areas and would give a fillip to the construction sector... read more

Disclaimer: Lalani Group should not be held responsible for any information posted in this section. The News articles or information posted in these sections are merely for information purpose and have been received from various print media’s or real estate associations or government resolutions. People are advised to use their own discretion while using this information.

Best Project Of The Year Residential Mumbai Lalani Grandeur Goregaon (E) - 2016
Lalani Residency Best Residential Project Lalani Residency Thane (W) - 2015
Accommodation Times National Real Estate Awards – 2014

Best Business Practice Award of the year was won by Lalani Group. Good business practices enhances the standards of real estate not only in the eye of law but also customers. Lalani Group has enhanced the business practice and professional ethics to international standards and provided the best to their customers. They serve their customers with timely possessions and best amenities.


International Award Platinum Eagle For Prestige and Quality India - 2013

The president of publicaciones de comercio Internacional, S.A. Actualidad certifies that Lalani Group has been granted the International Award Platinum Eagle for Prestige and Quality India 2013 in recognition of its management performance.


Award for International Gold Star for Quality - 2012
Award for Best Stall Design by MCHI - 2009
Social Contribution in Real Estate - 2009

Times presents 22nd Annual Award for excellence in real estate for the year 2009 to Mr Hussain Lalani.


Lalani Quantum - Best Commercial Project - 2008

Accommodation Times presents 22nd Annual Award for excellence in real estate for the year 2008 for best commercial project in Pune


Award for Best Mall Of The Year - 2007




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