Latest Answer: Why should the common man bear the burden of this illogical decision? For developers, this decision could not have come at a worse time. There is no sale at all. They are facing a huge liquidity crunch and rise in taxes means rise in property prices. Ultimately, the common people will have to cancel their buying decisions.
Q:I am planning to take land in Delhi which DLF organisation is planning to sell. Is there any reduction in cost because of sudden rise in taxes? Please provide me relevant information regarding this.
Latest Answer: Sudden rise in income taxes and huge debts has made DLF to sell many of their lands properties. It has aimed to become debt free as soon as possible and due to this they have increased land rates so that they get maximum benefit out of it. For some underdeveloped land they may sell it at lower rate.
