Karnataka government took good decision to encourage middle class home buyers. It slashed stamp duty on housing units priced below ₹45 lakhs. On Monday Karnataka state assembly has passed the bill slashing stamp duty by 2% on flats priced below Rs 45 lakhs. Recently, Telangana builders and developers requested TRS government to reduce stamp duty. But, Government didn’t responded positively. But real estate experts say that it will make marginal difference to sales as it is restricted to properties priced under the said amount.
