LawRato

Women stamp duty subsidy 1% with locking period of 15 years


27-Mar-2025 (In Property Law)
Women have 1% subsidy in stamp duty in Maharashtra. Locking period of 15yrs to sell the property to a male exist or it has a removed.
Answers (1)

Answer #1
566 votes
Yes, the Maharashtra government offers a 1% concession on stamp duty for women purchasing residential properties. Previously, this benefit came with a 15-year lock-in period, restricting women from selling the property to male buyers within that timeframe without incurring penalties. However, as of May 31, 2023, this restriction has been removed. Women homebuyers can now avail the 1% stamp duty rebate without any resale restrictions, providing greater flexibility in property transactions.
Helpful? LawRato LawRato

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."