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The Haryana government has waived stamp duty on residential plots up to 50 sq yards in urban areas and 100 sq yards in rural areas under housing schemes such as PMAY, Mukhyamantri Shehri Awas Yojana, and Mukhyamantri Gramin Awas Yojana. Chief Minister Nayab Singh Saini said the move will ease costs for lower-income buyers amid revised collector rates, which rose 10% in most categories and were capped at 50% where values were disproportionately high. He stressed that stamp duty percentages remain unchanged since 2008. The policy aims to provide targeted relief to genuine buyers while curbing undervaluation and black money-driven land deals.
The Haryana government has announced the removal of stamp duty on residential plots up to 50 square yards in urban regions and up to 100 square yards in rural areas, provided these properties are registered under housing schemes such as Pradhan Mantri Awas Yojana, Mukhyamantri Shehri Awas Yojana, and Mukhyamantri Gramin Awas Yojana. Advertisement
Defending the decision, the Chief Minister said the move was designed to provide relief to buyers who had raised concerns about collector rate increases. He explained that revisions were conducted through a transparent and data-driven assessment, with only about 72 per cent of land categories witnessing a 10 per cent increase. In areas where registry values were disproportionately higher, increases were capped at 50 per cent, with rates still below prevailing market values.
He also criticised the previous administration, accusing it of favouring builders and misleading the public. He emphasised that no new registration taxes had been introduced, with stamp duty percentages unchanged since 2008-7 per cent for men, inclusive of a 2 per cent development fee, and 5 per cent for women.
Opposition parties argued that rising collector rates had made housing less affordable for ordinary buyers. Responding to these concerns, the Chief Minister stated that the larger issue lay in black money-driven land deals where parties undervalued properties to avoid paying stamp duty. The government, he noted, is determined to restrict such practices while offering targeted relief to genuine homebuyers.
The measure is expected to make property ownership easier for lower-income families while simultaneously tightening controls on under-valued transactions. Although political opposition continues to highlight affordability concerns, the policy reinforces the government's stance on transparent land valuation and aims to improve trust in the property registration process.
Source: PTI
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