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Thursday, September 1, 2011

Fair Value of Flats, Apartments in Kerala

Trivandrum, 1 September 2011: The Government of Kerala will soon fix fair value for flats and apartments, said Sri TM Jacob, Minister for Registration today. Since there is no fair value for flats in Kerala, most builders show only the fair value for land and hence the government is facing shortage of registration fee and tax. Steps to revamp registration formalities in the state and speedy disbursal of documents will be initiated, the minister added

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