impact of karnataka state budjet on real estate in bangalor

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eagerinvestor
Posts: 7
Joined: October 22nd, 2014, 4:07 pm

impact of karnataka state budjet on real estate in bangalor

Post by eagerinvestor »

Fiends

Any impact of Karnataka state budget on real estate w.r.t Bangalore in particular and Karnataka in general?

Opinions will be helpful

Regards
PC
msn1270
Posts: 1523
Joined: June 17th, 2009, 2:21 pm

Re: impact of karnataka state budjet on real estate in banga

Post by msn1270 »

Stamp & Registration Charges are expected to go up. So buyers need to shell out more from april onwards.
More details awaited.

Once again Online Registration of property is proposed. So far its not implemented, even though the system was
developed long back. As no politician wants to loose his pie as it makes the post of sub-registrar less interesting
and lesser demand for transfers and also it reduces the options for cash exchanges between hands at the Sub-Registrar Offices.
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