Uttar Pradesh rental agreements see a five-time fee cut

The Uttar Pradesh cabinet reduced stamp duty and registration fees for rental agreements last week, cutting costs from ₹10,000 to ₹2,000 for agreements up to one year. This change aims to align UP's rates with those of other states. The government order is pending, but officials expect increased registration of rental agreements, enhancing tenant-landlord relations.

Read the source (ET Realty Residential)

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