In the Budget, the government has banned cash transactions above Rs 300,000. This means that people will have to pay stamp duty and registration charges on the actual cost of transaction. Property investors never had it this bad. Prices have been stagnant for the past couple of years due to the ongoing slowdown. Demonetisation led to further dwindling of demand. Recent changes announced in the Union Budget are set to hurt investors further. From the next financial year, you will only be able to ... Rediff.com, 3 weeks ago
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