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by Hsenaj
November 5th, 2012, 10:10 am
Forum: Bangalore South
Topic: Black money in buying property
Replies: 7
Views: 11865

Re: Black money in buying property

Thanks msn1270. Your response was useful. Especially the second option, which is what I am discussing with the seller.

This kind of demand from the sellers are very common in real estate transactions. you have very limited options.

1) if you are a salary class person and undergoing TDS, There is ...
by Hsenaj
October 30th, 2012, 3:00 pm
Forum: Bangalore South
Topic: Black money in buying property
Replies: 7
Views: 11865

Black money in buying property

Hi All,

We are in the process of finalizing a property in a BDA approved layout in Doddakallasandra, Kanakapura Road. The seller asked us to pay the guidance/registration value in white (i.e 15 lakhs) and pay the remaining amount (35 lakhs) in black. All the money we have is hard earned white money ...

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