Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - Sell 2.5cr property 'without' black money?

W_Seller · 04-09-09

Hi

I am selling an ancestral property costing 2.5 crore in Haryana. I am getting buyers, but all of them are offering 50% in black money. I have no buyers ready to pay the whole in white.

I am not very conversant in the real estate business. I don't really know how to go about this. I have to buy a property almost immediately after selling this house, but how do I go about using/investing/depositing the black money?

Is there any other way without having to accept 'black money'? My need is fairly urgent as I would like to wind up the whole selling process in the next 3-4 months.

I am a senior citizen.

Thank you for your advice.

04-09-09	#1
W_Seller New Member Join Date: Sep 2009 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts	Sell 2.5cr property 'without' black money? Hi I am selling an ancestral property costing 2.5 crore in Haryana. I am getting buyers, but all of them are offering 50% in black money. I have no buyers ready to pay the whole in white. I am not very conversant in the real estate business. I don't really know how to go about this. I have to buy a property almost immediately after selling this house, but how do I go about using/investing/depositing the black money? Is there any other way without having to accept 'black money'? My need is fairly urgent as I would like to wind up the whole selling process in the next 3-4 months. I am a senior citizen. Thank you for your advice.