Stop black money transaction and bribery in Document Registra's offices. The properties are under valued to save the so called stamp duty. In most cases the value of the property declared is 50% of the market value. The market value declared by the sate governments is a farcical figure.
1.If the properties are valued at market rates then the State can reduce the stamp duty by half. This will beneficial to the home buyer as he can get more loan from the bank. Will give the same returns to the state government.
2. This will stop the buyer from taking hand loans at exorbitant interest rates from black money loan sharks.
3. The banks can lend more reducing black money.
4. On an average the Registrars' offices do registration of hundreds of crores of Rupees.
5. These guys charge at least 2% of the registered value as bribes. This should be stopped. The primary carriers of this money are the document writers. They collect and hand over the cash to the anonymous agent who collects every day. We as consumers are told that this sleaze money goes up to the ministers.
6. There is a need for developing a certified real estate agent as it exists in the USA. We can copy and modify to our needs.
http://en.wikipedia.org/wiki/Real_estate_broker more
1.If the properties are valued at market rates then the State can reduce the stamp duty by half. This will beneficial to the home buyer as he can get more loan from the bank. Will give the same returns to the state government.
2. This will stop the buyer from taking hand loans at exorbitant interest rates from black money loan sharks.
3. The banks can lend more reducing black money.
4. On an average the Registrars' offices do registration of hundreds of crores of Rupees.
5. These guys charge at least 2% of the registered value as bribes. This should be stopped. The primary carriers of this money are the document writers. They collect and hand over the cash to the anonymous agent who collects every day. We as consumers are told that this sleaze money goes up to the ministers.
6. There is a need for developing a certified real estate agent as it exists in the USA. We can copy and modify to our needs.
http://en.wikipedia.org/wiki/Real_estate_broker more
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SUCCESSION & INHERITANCE – INEQUALITIES NEED TO BE REFORMED. 1. To address Equal Living Status to some extent , subsidy was implemented on Essential Food Grains & Commodities to Certain Economically needed people in Support of maintaining Equal opportunity among others. 2. To address Equal Economic status to some poor , There is a considered Economic Slab in Taxation of Income Tax in support of maintaining Equal opportunity for the living necessities . 3. Again, to dress the Economic in-equality in Education Sector , Certain Subsidies and Concessions were introduced to the needy Poor Students . 4. To consider a Comfortable like lead by Certain Wealthy / Authoritative Personalities , a V I P Culture Status with even T. V. , Cell Phone, Outside Foods are made allowable Even in Indian Prisons . 5. ANY CONSIDERATION OF PROVIDING OR MAINTAINING OR ADDRESSING SUCH OF THE ABOVE 4 NEEDED ECONOMIC EQUALITY IN LIFE-LEAD AMONG OTHER SHAREHOLDERS ; IS NOT AT ALL INCORPORATED , PROVIDED , COVERED , IMPLEMENTED , ; TO ENTAIL SUCH ABOVE EQUALITY PREFERENCE IN CASE OF [ I ] PHYSICALLY / MENTALLY DIS-ABLED [ II ] UN-EDUCATED / STILL UNDER EDUCATION TO BE COMPLETED [ III ] UN-MARRIED FEMALE DAUGHTERS REQUIRING THE VESTED MARRIAGE EXPENSES . ALL RESPECTED SIRS, MADEM , KINDLY THINK OF THE ABOVE HIDDEN IN-EQUALITY AND CONCEDE TO THE GENUINE REQUEST TO ADDRESS PROPERLY APPLYING SUCH ABOVE EQUALITY LIFE ECONOMICALLY ADDITIONAL SHARES AS ARE FIT TO THE ABOVE III DIFFERENT CATEGORIES TO PART WITH THE SUCCESSIVE RIGHTS IN THE INHERITANCE PROPERTY LAWS . more
Apr 12
IF THE BANKS AND FINANCIAL INSTITUTIONS STOPS CONSIDERING THE OPEN MARKET RATE OR AS PER THE VALUE OF AGREEMENT OF SALE AND CONDITIONING THEMSELVES TO LEND ON PROPERTIES ONLY ON THE REGISTERED DOCUMENT VALUE , EVERY MIS-USE , MIS-APPROPRIATION , MIS-MANAGEMENT , TAX EVASION , WILL BE FORTH-WITH 70 % ARRESTED .:: THIS CAN BE DONE THIS WEEK SIMPLY . THEN , IN THE MEAN TIME , THE GOVERNMENTS CN STEP POSITIVELY TO CURB SUCH PATRONAGE OF ILL PRACTICES. more
Apr 12
