CREDAI Chennai Applauds the Tamil Nadu Government’s Decision to Allow Homebuyers to Adjust their Stamp Duty and Registration Fees

New Delhi, December 27, 2025: CREDAI Chennai welcomes the Government’s order allowing adjustment of stamp duty and registration fees already paid by homebuyers. As this reform is implemented, it is important that its benefits reach all affected homebuyers, ensuring consistency and fairness across transactions, said Mr Mohamed Ali, President, CREDAI Chennai. The order resolves the core issue of double taxation faced by homebuyers by permitting adjustment of stamp duty and registration fees already paid under the earlier registration framework, said Mr Mohamed Ali

Projects where construction agreements were registered prior to the composite framework, and cases involving double levy concerns, are expected to see faster resolution. This clarity will help unlock delayed registrations and accelerate sales closures in the coming quarters. On average, first-time homebuyers impacted by double taxation can save between ₹2 lakh and ₹6 lakh, depending on the value of the property and the construction agreement, said Mr Mohamed Ali