Tata Housing announces new scheme with zero Stamp Duty offer

Tata Housing Development Company (THDC) has announced a new scheme with zero stamp duty for customers availing a construction linked payment plan for projects in Maharashtra. This scheme will boost the demand among Indian homebuyers as it comes in addition to the decision by the Maharashtra 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. Projects include Serein (Pokhran Road 2, Thane), Amantra (Kalyan Bhiwandi Corridor), New Haven Boisar II (Boisar (E), Nr. Mumbai), La Montana (Talegaon, Nr. Pune) & Prive (Lonavala). The scheme, which will be applicable till 31st October 2020, has been coupled with an alternative option of availing Tata Housing's Move-In India campaign, where the customer pays just 15% now, moves in and EMI starts after 1 year as this will ease the buying behaviour of the customer. Zero stamp duty scheme will be presented as an option to be availed if a customer would not like to avail the ongoing scheme. However, both schemes cannot be clubbed together.