Nation Current Affairs 26 Mar 2017 For a new house, up ...

For a new house, up to 20 per cent black is okay

DECCAN CHRONICLE. | ANUSHA PUPPALA
Published Mar 26, 2017, 1:29 am IST
Updated Mar 26, 2017, 7:00 am IST
The agent did not directly speak about black money but dropped sufficient hints.
An agent for a gated community in Nizampet wanted 80 per cent of the money paid through legal channels.
 An agent for a gated community in Nizampet wanted 80 per cent of the money paid through legal channels.

Hyderabad: At Bahadurpally near Tech Mahindra, an agent is willing to take up to 20 per cent of the cost of a duplex house as downpayment, and the rest in the form of a housing loan. The agent did not directly speak about black money but dropped sufficient hints.

An agent for a gated community in Nizampet wanted 80 per cent of the money paid through legal channels.

 

He was okay with Rs 2 lakh in cash after which the registration papers would be processed, and 20 per cent as down payment either through cheque or cash.

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Location: India, Telangana, Hyderabad




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