THE GOVERNMENT IS CONTEMPLATING TO INCREASE THE STAMP DUTY BY 2% AND REVISE THE GUIDANCE VALUE(REGISTRATION VALUE) BY 50% TO 100% ( TO THE MARKET VALUE), IN ADDITION TO 1% TDS ON THE PROPERTY VALUE EXCEEDING RS50LAKHS, CORRESPONDING INCOME TAX TO MEET THE ADDITIONAL BURDEN, THE PRICES WILL RISE BY AN AVERAGE OF 7% TO 12%.
THE PRICES WILL STABILISE.
THERE WILL BE DEMAND FOR ILLEGAL-IRREGUALR-B KATHA PROPERTIES.
THERE IS A PROPOSAL TO BRAND THESE IRREGULAR-ILLEGAL-B KATHA - BOGUS VP KATHA - OTHER SUCH PROPERTIES AND LEVY 200% TO 300% PENALTY EVERY YEAR, TILL SUCH IRREGULARITIES ARE SET RIGHT.
THE PRICES WILL STABILISE.
THERE WILL BE DEMAND FOR ILLEGAL-IRREGUALR-B KATHA PROPERTIES.
THERE IS A PROPOSAL TO BRAND THESE IRREGULAR-ILLEGAL-B KATHA - BOGUS VP KATHA - OTHER SUCH PROPERTIES AND LEVY 200% TO 300% PENALTY EVERY YEAR, TILL SUCH IRREGULARITIES ARE SET RIGHT.
