I don't have to pay stamp duty in stock market: Nikhil Kamath after buying his 1st house

Hiral, Published on Oct 19th, 2024

I don't have to pay stamp duty in stock market: Nikhil Kamath after buying his 1st house

Zerodha's billionaire Co-founder Nikhil Kamath listed the disadvantages of real estate investments after buying his first house. Comparing it with the stock market, he said he can buy and sell shares without paying 5-6% stamp duty. Kamath also expressed dissatisfaction over the illiquid nature of real estate, arbitrary pricing and said the return on buying property to rent is negligible.

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