Ready reckoner rates
The Inspector General of Registration (IGR) and Controller of Stamps office in Pune has collected Rs 14,500 crore revenue during 2011-12. According to an official of IGR, the revenue collection has increased because of the hike in ready reckoner rates. It is an indication of registration of high-value properties in Pune. Though the amount of [...] Continue Reading »
The highest value of realty transactions of Mumbai and Pune will be submitted to National Institute of Public Finance and Policy (NIPFP) at the earliest. The realty registration and stamp duty, ready reckoner rates and sale document details are also collected say the ministry. Through this detail and depth study, the unaccounted incomes of India [...] Continue Reading »
Builders in Mumbai are a worried lot now over various issues. Maharashtra Chamber of Housing Industry (MCHI) met the state chief minister to reverse back the Ready Reckoner (RR) rates as it was in 2011. The builders also wanted a permanent solution for getting instant clearances for building projects. An abrupt increase of 46% in [...] Continue Reading »
Profest 2012 is right now the highlight of Pune! The Confederation of Real Estate Developers Association of India (Credai) is organizing a 2-day property exhibition at Pune. This property show is all set and ready to cater the higher-income group this time. If you were planning to invest on an affordable housing, you would probably [...] Continue Reading »
There would not be an element of surprise if there is any hike in property prices in future. Come New Year and there might be an upward trend in property prices due to stamp duty! Mumbai Revenue Minister stated that there might be a rise in ready reckoner rates by 20-30% which in result will [...] Continue Reading »
