Maharashtra: Ready Reckoner rates trekked 7 %, property values rise amid downturn

 

Market price for properties throughout Maharashtra skyrocketed by a typical 7 per cent after the state federal government Thursday hiked the Ready Reckoner (RR) rates amid the slump witnessed in the construction market. The revised rates will be applicable from Friday onwards.Profits Minister Eknath Khadse justified the hike calling it as moderate as compared with the boosts in corresponding rates in the last 6 years. You can get inovative ideas about bathroom remodeling reston by visiting this website www.foleyhomes.com .

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Fresh opportunities occur in property futures market

 

Property futures, which are traded on the Eurex exchange, make it possible for participants to invest in the marketplace, as measured by the IPD UK Quarterly All Property Index, or a subsector such as retail or offices, without needing to purchase or sell property. For instance, a buyer and seller might go into an agreement setting a rate of 8 % on commercial property overall returns in 2016. If returns are 10 % at the end of the year, the purchaser in the offer will benefit by 2 % and the seller will lose by 2 %.

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Estate representatives work all the time as purchasers hurry through property purchases in effort to beat stamp responsibility increases

 

Numerous landlords are trying to push through property obtains in a manic rush to beat the new stamp task charges which enter into force tomorrow, estate representatives have actually reported.Some are working this evening till 10pm and will be opening once again at 5am tomorrow to beat the due date.Buy-to-let financiers and those snapping up 2nd houses are facing far greater stamp duty costs from 1 April after a shock attack by Chancellor George Osborne announced in the Autumn Statement.

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Very first sector swap

As reported previously in The Indian Express, Khadse validated that the federal government had tried to arrest the development in values in commercial belts across Mumbai.

Very first sector swap

As reported previously in The Indian Express, Khadse validated that the federal government had tried to arrest the development in values in commercial belts across Mumbai.

Very first sector swap

As reported previously in The Indian Express, Khadse validated that the federal government had tried to arrest the development in values in commercial belts across Mumbai.

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