Revised property rates
Whole of India is fed up with the rising property rates meanwhile, Chennai witnessed a highest rise in property sales. Chennai’s central business district say price increase is only due to surging demand. Chennai hotspots like; T Nagar, Nungambakkam, Adyar, Anna Nagar and Kilpauk have witnessed raising property sales despite economic slowdown, inflation and high [...] Continue Reading »
The government of Delhi is planning another hike in the circle rates of property. Earlier in February revised rates were issued by the government. The move is made to ensure that there are no loopholes to generate black money also might increase the rate of properties drastically. The revenue department in its draft proposal has [...] Continue Reading »
In July, the government revised property rates in and around Bangalore after four years. While the department’s bandwidth was an average 30 per cent, it crossed 100 per cent in some areas. Once the rates were notified, calling for objections/suggestions from people, the government felt there was a mismatch between the department’s revised rates and [...] Continue Reading »
