Haryana Ends Stamp Duty on Small Plots.🏡
Relief for Homebuyers & Affordable Housing Push
Haryana Chief Minister Nayab Saini announced zero stamp duty on plots up to 50 sq. yards in cities. He extended the benefit to 100 sq. yards in villages.
This move boosts affordable housing and real estate transparency. It builds buyer trust and reduces black money in land deals.
🌟 Benefits Under Popular Housing Schemes
The exemption covers homes under Pradhan Mantri Awas Yojana and state housing programs. Buyers will save money immediately.
Middle-class families and first-time homeowners gain the most. The government expects rising demand in Haryana’s property market.
⚖️ Debate Over Collector Rate Revisions
The INLD opposition criticized hikes in collector rates during Assembly debate. They claimed homes are now costly for common people.
Collector rate means minimum property value fixed for registration. CM Saini explained the revision uses a rational, data-based method.
📊 Transparent & Data-Driven Policy
Saini said Haryana has 2.46 lakh property zones. Nearly 72% of them saw only a 10% rate increase. In high-value areas, the rise stayed capped at 50%.
This structured policy ensures fairness and builds a transparent property system.
🏢 Comparing BJP and Congress Eras
Saini compared Congress and BJP rules. Between 2004–2014, Congress hiked rates 100–300% without any clear policy. From 2014–2025, BJP kept average increases at 9.69%.
He claimed this shows a stable, buyer-friendly real estate approach.
👨👩👧 No Change in Stamp Duty for Men & Women
Stamp duty remains 7% for men, including 2% development fee. Women continue paying only 5%. The CM said no new taxes exist.
He stressed the focus is removing black money from property transactions.
📌 Additional Fact: Haryana’s Property Market Growth
Haryana recorded over 5.2 lakh property registrations in FY 2023–24. The state earned major revenue through legal transactions.
Experts predict registrations may rise 15–20% in 2025. This change could further strengthen Haryana’s real estate sector.
