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Asalu india lo market rate okati govt rate okati endhuku untai lands ki?


DesiPokiri

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Why do govts allow it even though knowing about it? Even minister like kodali Nani was saying the other day that it’s a normal thing.

why can’t the rates be transparent in india like in usa? What’s stopping it?

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3 minutes ago, DesiPokiri said:

Why do govts allow it even though knowing about it? Even minister like kodali Nani was saying the other day that it’s a normal thing.

why can’t the rates be transparent in india like in usa? What’s stopping it?

us lo used car from craigs list lo konte 5000 petti koni state ki 

300 ki konna ani cheppi tax kattam kada ede ante

 

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2 minutes ago, kevinUsa said:

us lo used car from craigs list lo konte 5000 petti koni state ki 

300 ki konna ani cheppi tax kattam kada ede ante

 

But buyer honest unte he won’t agree that he sold it for 300 right 

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Induke ninnu #Nibba_Pulka anedi…

Market rate and Government rate okate fix chesthe….overnight real estate industry collapse ayipotadi…so much so that you have to shell out double the amount to buy a house.

Indian economy inka chala unorganized sector la vuntadi…any such move will collapse the entire sector. It will be much worst than demo. India is another two decades away from being a formal and organized economy…

For US, it took almost 200 years to come to this stage. 

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6 minutes ago, Android_Halwa said:

Induke ninnu #Nibba_Pulka anedi…

Market rate and Government rate okate fix chesthe….overnight real estate industry collapse ayipotadi…so much so that you have to shell out double the amount to buy a house.

Indian economy inka chala unorganized sector la vuntadi…any such move will collapse the entire sector. It will be much worst than demo. India is another two decades away from being a formal and organized economy…

For US, it took almost 200 years to come to this stage. 

Thanks for info ra paytm. Idhaina nijame na history lo leni sollantha chepthav chudu alanti post aa. Née posts ni validity kashtam ra rei, notiki vacchindhi chepthav burra pani cheyyakunda 

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Same here in USA, government rates are adjusted rates per inflation once every decade or more, market rates are dependent on macro conditions and changes from time to time, for example  if you need a home before school year you pay more .

It is important  to have government rates because you have to pay property tax and keep that in check, you cannot inflate that based on the macro conditions .

Indian government failure is how we transact than government rates vs market rates

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32 minutes ago, DesiPokiri said:

Thanks for info ra paytm. Idhaina nijame na history lo leni sollantha chepthav chudu alanti post aa. Née posts ni validity kashtam ra rei, notiki vacchindhi chepthav burra pani cheyyakunda 

Induke ra free service ga ninnu #Nibba_Pulka anedi…

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Mostly due to high capital gains tax and registration charges 

Remove these and you will see ordinary people will do transactions on market rate 

Another factor is 90% of black money is parked in real estate , it's easier for politicians , beuravrats, shady businessmen  to hide their wealth in real estate

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1 minute ago, Ryzen_renoir said:

Mostly due to high capital gains tax and registration charges 

Remove these and you will see ordinary people will do transactions on market rate 

Another factor is 90% of black money is parked in real estate , it's easier for politicians , beuravrats, shady businessmen  to hide their wealth in real estate

Not really. If land transactions happen entirely on market transparent rates, capital gains and registration charges would have been the other way around. Now that the rates are not transparent and source of funds is always disproportional, we have set this system in place. Govt sets the value and collects a part of it as a registration. 

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