The Tamil Nadu government increased guideline value for properties from April 1, 2012.
Some public opinions are..!
Mr. Mohan, Alandur Road, Saidapet, Chennai - 15
''Too high value is no good to the economy in a long term. In India the real estate is not rationalised. Real estate brokers are like cowboys who pluck the value out of air.Central and states government must stop hard earned money go down the drain."
Mr. Thiyakarajan, Perumal Sannathi Street, Tirruvarur
''The stamp duty on new guideline value will bring down black money circulation in Tamil Nadu. The business in real estate will not come down, as the demand is always more for new properties."
Mrs. Kalai Arasi, New Bus Stand, Salam
'' The Tamil Nadu government should make it mandatory that all property payment transaction must be through banks. No Cash payments for values above Rs. 2 Lakh"
S. Manikandan, Perumalpuram, Tirunelveli.
''To avoid black money and at the same time real estate growth stamp duty need to be reduced to 4% so that everybody can run safe & smooth"
Mr. M. Suresh, Subramaniyapuram, Trichy
''We welcome the new guideline value for propery .Black money will disappear in real estate business".
Mr. Kandan, Real Estate Broker, Saravanampatti, Kovai
''There will be a slowdown in real estate and will start moving in a year or so. In current economic scenario, there's no dearth of money. If someone can spend Rs.10 lakhs, I am sure they will spend the extra lakh or so. This will be real estate's ploy to grab lands at cheaper prices."
Mr. K. Jafar Ali, Ramanathapuram
''Most people who buy flats through home loans register based on true value anyway.. This will not impact them unless the guideline value is more than the correct market value".
Mr. S. Victor, Private Company Employee, Arumuganeri, Thuthugudi Dt.
''Guideline hike is very good for salaried person like me. For an example i was trying to buy a plot of land. The land value that they want to register is not even one 6th of the sale value. That too they want all in Black money. I can not ask bank land loan, because the value is very low, I can not even take from my PF or savings Welcome move".
Mr. C.Makesh, Tenkasi, Nellai Dt.
''Property Values are too high this should come down. What goes up must come down!".
Mr V.Kamal, Villupuram.
''This is a good decision, provided the revenues from this is used towards improving the basic infrastructures like Good roads, Water, Sanitation, Garbage clearance etc ) for common people.
Mr.K.K. Suresh, Nagarkovil
'I think Tamil Nadu government is doing the right thing. If you are buying the land for 20 Lakhs, you should pay the registration fee for Rs. 20 Laks.""
What is Your Opinoin about New Guideline Value?
Please Comment..!
Some public opinions are..!
Mr. Mohan, Alandur Road, Saidapet, Chennai - 15
''Too high value is no good to the economy in a long term. In India the real estate is not rationalised. Real estate brokers are like cowboys who pluck the value out of air.Central and states government must stop hard earned money go down the drain."
Mr. Thiyakarajan, Perumal Sannathi Street, Tirruvarur
''The stamp duty on new guideline value will bring down black money circulation in Tamil Nadu. The business in real estate will not come down, as the demand is always more for new properties."
Mrs. Kalai Arasi, New Bus Stand, Salam
'' The Tamil Nadu government should make it mandatory that all property payment transaction must be through banks. No Cash payments for values above Rs. 2 Lakh"
S. Manikandan, Perumalpuram, Tirunelveli.
''To avoid black money and at the same time real estate growth stamp duty need to be reduced to 4% so that everybody can run safe & smooth"
Mr. M. Suresh, Subramaniyapuram, Trichy
''We welcome the new guideline value for propery .Black money will disappear in real estate business".
Mr. Kandan, Real Estate Broker, Saravanampatti, Kovai
''There will be a slowdown in real estate and will start moving in a year or so. In current economic scenario, there's no dearth of money. If someone can spend Rs.10 lakhs, I am sure they will spend the extra lakh or so. This will be real estate's ploy to grab lands at cheaper prices."
Mr. K. Jafar Ali, Ramanathapuram
''Most people who buy flats through home loans register based on true value anyway.. This will not impact them unless the guideline value is more than the correct market value".
Mr. S. Victor, Private Company Employee, Arumuganeri, Thuthugudi Dt.
''Guideline hike is very good for salaried person like me. For an example i was trying to buy a plot of land. The land value that they want to register is not even one 6th of the sale value. That too they want all in Black money. I can not ask bank land loan, because the value is very low, I can not even take from my PF or savings Welcome move".
Mr. C.Makesh, Tenkasi, Nellai Dt.
''Property Values are too high this should come down. What goes up must come down!".
Mr V.Kamal, Villupuram.
''This is a good decision, provided the revenues from this is used towards improving the basic infrastructures like Good roads, Water, Sanitation, Garbage clearance etc ) for common people.
Mr.K.K. Suresh, Nagarkovil
'I think Tamil Nadu government is doing the right thing. If you are buying the land for 20 Lakhs, you should pay the registration fee for Rs. 20 Laks.""
What is Your Opinoin about New Guideline Value?
Please Comment..!
nothing wrong in this hike so far realestate people make a money like anything this is the right way to control over buying if any body have more than 2 grounds of land they have to pay 85% tax of the market value persq ft for example if if rs1000/- they have to pay tax Rs 850/- then only agriculture land will save mainly our country will save
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