Tamilnadu: Property Guideline Value Increased by 20% From November 2014..!

Tamilnadu: Land & Property Guideline Value Increased From November 2014..! There is no official announcement...! In Tamil Nadu , the Guideline Value of property had increased by nearly 20% from November middle, 2014. But, there is no official announcement.  There is no upd…

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Circle Rate Versers Market Rate - What You Need To Know..

Mr. Rohan Sharma, Senior Manager – Research & REIS, JLL India Circle rate is the minimum value at which the sale or transfer of a plot, built-up house, apartment or a commercial property can take place. Market price is the value of such an asset for a transaction betwee…

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Noida Property Circle Rates Hiked up to 25 %

Buying land & property in Noida in Uttar Pradesh will be costlier as circle rates has been increased by 10% to 25% from August 1, 2013. Agriculture land rates too have bee hiked by 5 % to 8%. "The hiked circle rates are effective from August 1, 2013" Mr. S. K. …

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Tamil Nadu Budget 2013-14: Postpone Annual Land Guideline Value Revision to Next Year 2014..!

The Tamil Nadu Government will focus on rural and urban infrastructure, expedite implementation of projects which will benefit the agriculture and manufacturing sectors, said Finance Minister ர். O. Panneer selvam in the Assembly recently. Presenting the budget for 2013-14, …

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Property Registration :SUB REGISTRARS – Chennai City Phone Numbers and Email ids..!

Tamil Nadu Property Registration Head Office: Inspector General of Registration 100, Santhome High Road, Pattinapakkam, Chennai- 600 028 PBX Nos: 044-  2464 0160, 044- 2464 3753, 044- 24642932 Email: igregn@tnreginet.net Website:http:/www.tnreginet.net Inspector General of Regi…

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Prevent Land Grabbing in TN: Documents Compulsory Register From Dec.1, 2012.

With an aim to prevent land grabbing incidents, documents relating to power of attorney & sale agreement of property would be made mandatory in TN (Tamil Nadu) from December 1, 2012. Official Press Release..! ,According to an official press release said, ''Indian…

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The Major Impact Of Revised Guideline Rates In Delhi NCR By Mr. Santhosh Kumar, JLL India

The upward revision of Delhi’s circle ( Guideline) rates has created a furore of conjecture in the real estate fraternity. This is understandable, but it is important to understand what the real implications will be. In fact, this revision will not have any immediate impact. D…

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Check Black Money Transactions: Delhi Circle Rates Hiked 200%..!

Real Estate Property prices in Delhi are likely to zoom further with Delhi Government recently hiked the circle rates, the minimum valuation of plot of land & immovable property -- by up to 200% to check black money in transactions. Category A..! The rates in Category A co…

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Karnataka : Property stamp duty from 6% to 5%

In Karnataka recently stamp duty had been reduced from 6% to 5% on sale deeds. The registration charge of 1% , however, remains. The stamp duty reduction translates into savings of Rs. 25,000 on a Rs 25 lakh property. Reducing the stamp duty will make the product more aff…

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Tamil Nadu New Guideline Value: General Public Opinions..!

The Tamil Nadu government increased guideline value for properties from April 1, 2012. Some public opinions are..! Mr. Mohan, Alandur Road, Saidapet, Chennai - 15 ''Too high value is no good to the economy in a long term. In India the real estate is not rationalised…

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Tamil Nadu Guideline Value Hike: What are the Major impacts?

The Registration Department of Tamil Nadu  implementing new guideline values  from April 1, 2012.  The last revision was in 2007 and the current revision rates in line with the prevailing market prices. This exercise will help increase the revenue from this levy. Governmen…

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New Guideline Values from April 1, 2012 : Heavy Rush for Property Registrations

All those registering properties from April 1, 2012 will have a new set of guideline values to adopt. The Tamil Nadu State Government will implement the values, which were revised last year, from April 1, 2012. Details of the revised values can be accessed on www.tnreginet…

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Maharashtra Stamp Duty Hike: Costs of Property May Rise

The plot of land and Property buyers in Maharashtra will have to shell a little more for registering their purchase. The Maharashtra state government has simplified the stamp duty structure for sale deed of immovable properties in its budget 2012-13; in the process hiking …

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2012-13, Maharashtra Budget: Real estate sector disappoint

Maharashtra state Budget 2012-13 has managed to disappoint the real estate sector and prospective home buyers in equal measure. 5% stamp duty..! Both contend that only the state government will benefit from the 5% stamp duty it has imposed on transactions of immovable pro…

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