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Will a well-regulated Real Estate market make a difference?

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Will a well-regulated Real Estate market make a difference?

Last updated: December 17 2008
13 | Posts
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  • #11

    #11

    Re : Will a well-regulated Real Estate market make a difference?

    Until and unless our Corrupt Politicians are there the regulation in this industry are really difficult. This people has a very big chunk of RE in their booty. They will never allow to introduce some regulation.
    Either land or AIR and FOOD. Choice is yours.

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    • #12

      #12

      Re : Will a well-regulated Real Estate market make a difference?

      an essential first step

      hello friends,

      DEar ARin, i think you are absolutely right.However,don't you think
      that if sale agreements have to be registered it will discourage ordinary
      folks from showing a lower amount in the documents for fear of getting
      cheated.This will in turn drive out the speculators who created
      such havoc in the market in recent times... .Hope other Govts
      follow suit.
      regards
      unlikely

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      • #13

        #13

        Re : Will a well-regulated Real Estate market make a difference?

        GOVT Rate !!!

        Showing a lower amount is very dangerous method. I know our people does this to avoid huge amount of Stamp Duty. In India your land is never your land. GOVT can take any time from you paying the actual GOVT rate. It is like taking land as a lease from GOVT. And Ideally I feel that the price in normal market also should be the same. There is many incident where GOVT take the land from the people paying GOVT rate.
        Our agent/Broker inflated the market too much. Recently DEVE GOWDA didnt want to give his land for NICE project as that was a future prime location for development. Project was stopped for 3 yrs as he was rulling the KA. But when BJP came to power they gave green signal to NICE authority to Build the road and capturing GOWDA's land. Ha ha .
        Either land or AIR and FOOD. Choice is yours.

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        • #14

          #14

          Re : Will a well-regulated Real Estate market make a difference?

          try

          tyuhjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjj

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