Property registration fee high in Guwahati
Properties in Guwahati has the highest registration fee of 16.5 percent when compared to throughout India.
To slow down these rates the Assam Real Estate and Infrastructure Developers’ Association is fighting against this imposition.
Due to high registration fees and growing interest rates, the real estate market is showing a major slump.
Meanwhile, green homes seems to be saving the residents of Guwahati midst high registration rates.
Green homes has managed the slumping real estate market in Guwahati! These green buildings have qualities such as sewage treatment plants, renewable energy, reducing energy expenses techniques and maximizing natural light play.
Also, the private banks are planning to draw plans to offer “green home loan” rate with concessions between 0.50 percent and 1 percent.
More related stories:
Property registration rates will be revised in Gurgaon
Property registration now made easier in Hyderabad!
Source: Hindustan Times
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