As per some unconfirmed reports, the U.P.Government have announced that stamp duty on registration of flats, plots and building like properties to be reduced from 8% to 5%. It has also been announced that within next six months the process of registration of properties will be made easy and side by side online registration will also be implemented.

Lanco Infratech's Rs 5,500 crore-mega project in Hyderabad, called Lanco Hills, presents the finest lifestyle features, international facilities and amenities. Featuring the world's tallest residential tower as a signature landmark, Lanco Hills offers an unique world within, with convenient access to homes, premium office spaces, entertainment, hotels, leisure and shopping at one place. Lanco Hills comprises exclusive 3-BHK Type I premium high-rise residences with around 1,850 sq.ft. to 1,950 sq.ft. of living space. Every tower houses over 100 exclusive homes.

Having surplus land during a realty boom is similar to sitting on a goldmine. While many corporates continue to hold on to this valuable asset in anticipation of a further price appreciation, quite a few have decided to cash in on the opportunity and boost their bottom lines in the bargain.