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No freedom of carrying cash for registering property!

No Comments Sub Category:Uncategorized Posted On: Jan 09, 2012

Carrying cash was always an age old problem be it for mugging or any other illegal activity.

As the upcoming polls are on its way, it brings lots of tension to Noida property buyers also.

Buyers in the city can not freely carry more cash for property registrations.

There has been a cap set for the same which is only Rs 2.5 lakh.

The said amount has been set by the the Gautam Budh Nagar district administration keeping the polls in mind. It is because during this time, there will be a lot of movement of black money between the parties.

It has caused a fear between buyers to register their property now.

Source: The Times of India

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