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The Times of India
The Times of India
National
Subhro Niyogi | TNN

Kolkata: At 4,697, property registration jumps 3 times in March

Kolkata Knight Frank India

KOLKATA: The real estate industry reaped the dividends of the state proposal to extend the stamp duty incentive scheme by six months till September-end with a 195% jump in property sales deeds registration in greater Kolkata in March 2022 over the previous month. This is the third best month since the incentive was introduced in July 2021.

According to the Directorate of Registrations and Stamp Revenue, 4,697 property sales deeds were registered last month, up from 1,593 registered in previous month. In the nine months, higher number of deed registrations happened only in August 2021 (7,316) and September 2021 (4,846).

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