Last week, Tax Minister Ashoka said the Karnataka government would consider reviewing the regulations in December and reduce sanctions in Karnataka by reducing test facilities and roads.

BENGALURU: Negotiations with the coalition government on housing prices have increased homeowners and potential buyers, adding more power to the real estate market, showing signs of return.

Last week, Tax Minister Ashoka said the Karnataka government would consider reviewing the regulations in December and reduce sanctions in Karnataka by reducing test facilities and roads.

An important factor is the principle of low price of goods. The repair conditions depend on the location and type of the object. The analysis below lowers house prices.

Under common law, the Karnataka government has to review the value of money every year. In January 2019, an increase from 5 percent to 24 percent was reported. As the government wants it to be this year, we have already started this program,” said Director General KP Mohanraj. Commission for registration and stamp.

It was always necessary to lower the price, in some ways ask for much higher prices. For example, the value of the real estate on MG Road exceeds 1.9 million rubles per square meter. There are 2 lakes per meter on Lavelle Road.

Meanwhile, housing officials claim that due to the decline in Covid’s assets, it has lost interest in selling other properties. “While we welcome the Karnataka government plan to reduce the quality of the action plan, we hope it will examine the real country before it stands,” said CREDAI-Bengaluru President Suresh Hari. They also said sales to Covid accounted for 30 percent of the area.

Real estate taxes are not knocked down or yields are reduced. “These issues have improved, especially since the recent taxation of the BBMP system. The government should consider a tax cut. On fixed-rate registration of assets,” said MS Shankar, Secretary-General of the Joint People’s Initiative.

Strengthen revenues

Cheap instructions are expected to increase the number of goods registered, which will increase the national tax rate. In August, more than 2.1 papers were registered, of which 1142 billion kroons were paid by 2020, 969 million kroons (1.7 million papers) and in 2019, 911 million kroons (1.7 million papers).

Translate »