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Asalu india lo market rate okati govt rate okati endhuku untai lands ki?

DesiPokiri

By DesiPokiri
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bluebadger Hero

bluebadger

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5 hours ago, Ryzen_renoir said:

Mostly due to high capital gains tax and registration charges 

Remove these and you will see ordinary people will do transactions on market rate 

Another factor is 90% of black money is parked in real estate , it's easier for politicians , beuravrats, shady businessmen  to hide their wealth in real estate

I second dat - asalu white lo sell cheyyali ante buyers eh dorakaru india lo 

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Rushabhi Celebrity

Rushabhi

Posted
Posted
13 hours ago, Ryzen_renoir said:

Mostly due to high capital gains tax and registration charges 

Remove these and you will see ordinary people will do transactions on market rate 

Another factor is 90% of black money is parked in real estate , it's easier for politicians , beuravrats, shady businessmen  to hide their wealth in real estate

 

13 hours ago, Android_Halwa said:

Not really. If land transactions happen entirely on market transparent rates, capital gains and registration charges would have been the other way around. Now that the rates are not transparent and source of funds is always disproportional, we have set this system in place. Govt sets the value and collects a part of it as a registration. 

Both are right. Chicken and egg problem 

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