Realtors hail Bengal govt for extending stamp duty rebate till June 2024

Updated: Sep 30 2023 12:38AM

Kolkata, Sep 29 (PTI) The real estate industry in West Bengal on Friday welcomed the state government's decision to extend the stamp duty rebate till June 2024.

CREDAI West Bengal president and Merlin Group chairman Sushil Mohta said the stamp duty rebate extension will help the industry achieve a growth trajectory.

"The real estate industry has been struggling since the COVID-19 pandemic. However, it managed to survive because of the continuous support from the state government in terms of the two per cent rebate in stamp duty and 10 per cent rebate in circle rate. The extension of the rebate will give a much-needed boost to the industry," Mohta said.