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Government rate vs Market rate

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Government rate vs Market rate

Last updated: September 23 2020
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  • Government rate vs Market rate

    Hi,

    I want to buy a land/plot in Hyderabad within a cost of 50 lakhs. I would like to pay register the land with full market rate i.e full 50 lakhs in white money by paying x% registration tax. Will I find any sellers who are willing to sell the land at full market value and pay 20% LTCG tax?


    Thanks.
    Last edited September 21 2020, 04:57 PM.
  • #2

    #2

    Re : Government rate vs Market rate

    There would be very few Buyers and sellers willing to do transaction at full market value.
    Please read IREF rules | FAQ's

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    • #3

      #3

      Re : Government rate vs Market rate

      👍 I'm

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      • #4

        #4

        Re : Government rate vs Market rate

        Originally posted by praveengaddam View Post
        👍 I'm
        Yes, but the market has very few of such sellers and buyers.
        Please read IREF rules | FAQ's

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