Page 1 of 1

impact of karnataka state budjet on real estate in bangalor

Posted: March 14th, 2015, 8:18 am
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

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

Posted: March 14th, 2015, 10:44 am
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.