Mumbai/UNI: Tata Housing Development Company (THDC), announced its plan of offering a new scheme with zero stamp duty for customers availing a construction linked payment plan for projects in Maharashtra starting 12th September.
This scheme has been introduced as an effort to boost demand among Indian home buyers as this comes in addition to the decision by the Maharashtra state government to reduce the stamp duty from 5% to 2%.
This exclusive zero stamp duty scheme is extended across Tata Housing ready-to-move-in (RTMI) and under construction projects in Maharashtra under the construction linked payment plan.
Projects include Serein (Pokhran Road 2, Thane), Amantra (KalyanBhiwandi Corridor), New Haven Boisar II (Boisar (E), Nr. Mumbai), La Montana (Talegaon, Nr. Pune) & Prive (Lonavala). The scheme will be applicable till 31st October 2020.
This new scheme, coupled with an alternative option of availing Tata Housing’s currently running Move In India campaign, where the customer pays just 15% now, moves in and EMI starts after 1 year will help ease the buying decision.