Tag: registration fees hike

Home sales in Chennai have a seen decline of 30 per cent as a result of the recent increase in registration fees and other charges by the Tamil Nadu government, said CREDAI (Confederation of Real Estate Developers’ Associations of India, Chennai).The substantial hike in registration charges, which sent shockwaves through the real estate industry, had a big impact on buyers and sellers. CREDAI Chennai has been urging the government to roll back all the changes made in the last few months to reduce the burden of the homebuyers. Impact...