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 The new legislation requires that every one actual estate transactions be made by Cuban bank accounts in order that they are often better regulated, and it sets a tax fee of eight p.c of the assessed value - cut up equally by purchaser and vendor.
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 The Dwarka Expressway, Yamuna Expressway, New Gurgaon area and Noida Extension are some areas in Delhi's suburbs which are reeling from this actual property crisis—and in 2014, unsold stock in these components elevated by as much as 14%.
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