The current pandemic has paved way for a lot of NRIs returning to their home countries. This has led to the need of owning a house in their native countries. With a weaker rupee and lower interest rates for housing loans there has been a surge in NRI investment in real estate sector…
In Maharashtra, stamp duty charges are 5 percent in key cities like Mumbai, Pune, Nagpur and Nashik and 6 percent in others.
The Reserve Bank of India and the Monetary Policy Committee have undertaken several measures to contain the economic fallout caused by the pandemic and infuse liquidity in the already distressed economy.
Urban clusters that will emerge as the new ‘homes’ despite the work from home (WFH) trend will in all likelihood be close to the main city where a visit once or twice a week to the office will be doable. Worth looking at Thane and Navi Mumbai from that vantage.