Podcast
Questions and Answers
What percentage of stamp duty concession is given for Integrated Township Projects?
What percentage of stamp duty concession is given for Integrated Township Projects?
- 25%
- 75%
- 40%
- 50% (correct)
The stamp duty concession for Township Projects can be availed:
The stamp duty concession for Township Projects can be availed:
- Only at one stage (correct)
- Every five years
- Twice in a year
- Multiple times
Development charges for institution use in Township Projects are:
Development charges for institution use in Township Projects are:
- 75% exempted
- 50% exempted (correct)
- 25% exempted
- Fully exempted
Under the Mumbai Tenancy and Agriculture Land Act, for Township Projects:
Under the Mumbai Tenancy and Agriculture Land Act, for Township Projects:
The Agricultural Land Ceiling Act 1961 for Township Projects is:
The Agricultural Land Ceiling Act 1961 for Township Projects is:
Stamp duty concession for amenities in Township project is applicable when:
Stamp duty concession for amenities in Township project is applicable when:
For Development Charges exemption, the relevant section is:
For Development Charges exemption, the relevant section is:
The stamp duty concession can be availed at the time of:
The stamp duty concession can be availed at the time of:
For Township Projects, agricultural land can be purchased by:
For Township Projects, agricultural land can be purchased by:
The relaxations provided for Township Projects are under:
The relaxations provided for Township Projects are under:
Flashcards
Stamp duty concession for Integrated Township Projects
Stamp duty concession for Integrated Township Projects
50% reduction in stamp duty for Integrated Township Projects.
Township project stamp duty concession availing
Township project stamp duty concession availing
Stamp duty concession can be availed only once for Township Projects.
Development charges exemption for institution use in Township Projects
Development charges exemption for institution use in Township Projects
50% exemption on development charges for institutional use in Township Projects.
Agricultural land purchase in Township Projects (Mumbai Tenancy Act)
Agricultural land purchase in Township Projects (Mumbai Tenancy Act)
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Agricultural Land Ceiling Act 1961 applicability for Township Projects
Agricultural Land Ceiling Act 1961 applicability for Township Projects
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Stamp duty concession for Township amenities applicability
Stamp duty concession for Township amenities applicability
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Relevant section for Development Charges exemption
Relevant section for Development Charges exemption
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Availing stamp duty concession
Availing stamp duty concession
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Who can purchase Agricultural Land in Township Projects?
Who can purchase Agricultural Land in Township Projects?
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Legal relaxations for Township Projects
Legal relaxations for Township Projects
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Study Notes
Stamp Duty and Development Charges for Township Projects
-
Integrated Township Projects Stamp Duty Concession: 50%
-
Township Project Stamp Duty Concession Applicability: Available only once.
-
Development Charges Exemption for Institution Use: 50%
-
Mumbai Tenancy and Agriculture Land Act Relaxation: The condition for only agricultural land owners purchasing the land is relaxed.
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Agricultural Land Ceiling Act 1961 Applicability: Not applicable.
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Stamp Duty Concession for Amenities Applicability: Applies when property rights are transferred to a subsidiary company.
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Section for Development Charges Exemption: Section 124F
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Stamp Duty Concession Availing Time: Can be availed at either land purchase or unit sale.
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Agricultural Land Purchase for Township Project: Allowed for the project proponent.
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Relaxation for Township Projects under: Integrated Township Regulation.
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Description
This quiz covers key aspects of stamp duty and development charges relevant to township projects, including concessions, exemptions, and applicable regulations. Test your knowledge on the Integrated Township Projects Stamp Duty Concession and other related legal frameworks.
