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The Cabinet has cleared a law to set up a real estate regulator to protect home buyers. This is welcome, though long overdue. Unfair practices include issuing advertisements to launch projects without securing prior approval of competent authorities and building in hidden costs over and above the fixed price.
The stamps and registration department is drafting a revision in guidance values of properties which could increase by up to 75%-80% in northern and eastern parts of Bangalore. Highly placed sources in the department said that the draft of the revision will be submitted to the government in August.
Those selling immovable property without disclosing their permanent account number (PAN) are in for a tough time with the government mandating a 20% tax deduction at source (TDS) in such transactions.
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Vintage Wealth Managers (India) Private Ltd
#628, 1st Floor,
11th Main, HAL 2nd Stage,
Indiranagar,
Banglore - 560008.
Email : enquiry@myvintageproperty.com
Phone No : +91-9663960606, +91-9900092340, +91-9008027600
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Testimonials
Krishnamohan choose Resale service offered by Vintage to in Purva Fountain Square. Krishnamohan found the Quality of Service Delivery/ Process Resale and the Quality of Service Delivery/ Documentation Very Good with this Krishnamohan found Overall experience Very Happy. The Words of appreciation given by the customer to Vintage "Found Vintage reliable and professional in their services".
Krishnamohan
Purva Fountain Square | Resale
