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Best Time to Buy property in Chennai

Probably we can say that best time to buy property in Chennai is about to come as Chennai government is likely to cut the stamp duty by 1% along with the impending hike in guideline values for property registrations in the state.

This report has been confirmed by a reliable source working with the government and has confirmed that stamp duty is likely to be reduced from the present 6% to 5%.

The source further clarified that 2% surcharge which is collected for development of local bodies and 1% registration fee will continue to remain in force.

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