I just stumbled on this community. It seems quite nice. I am not sure if there is anyone out there from my city Jammu.
I am basically looking to sell my old house in Gandhi Nagar, Jammu. It's an old house built in 2 Kanals. Not sure what the rates are. Property brokers in Jammu are real bad and unprofessional.
To makes things worse there is a huge stamp duty of 22% with the result that the cash transaction comprises nearly 85%+ value of the deal. I.E you get almost 85 lacs in black for a transaction of Rs. 1 Crore.
BTW, land in Jammu is measured in Kanals. 1 Kanal = 20 marlas or 605 square yards (Gaz in local languages and Urdu).