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Ahmedabad women on top in property transactions

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According to the sources available with www.propertykhazana.com, as per to the new investigation many women land purchasers are now in picture with 20% of the whole land transactions made in Ahmedabad since 2 years. Such kind of unexpected hike has not come, but is resulting in exception of registration charges on land for the women land purchasers. Exception is been made from June 11th 2004 and the information revealing the exact facts of women land purchasers before the rule came into the power is not accessible. But, it is thought to be 5% according to what has been said by land consultants and revenue officers. Total of 28,511 there was 51,230 women land purchasers within the 6 months after the registration charge exception came into practice, said the officer of Superintendent of Stamps Duty and Inspector General of Registration of Gujarat to the www.propertykhazana.com. There beyond, there was a significant hike in the range.
As per the sources available to www.propertykhazana.com, gazing on the number of transactions which were made by women land investors are renowned to be 1,07,199 out of 5,00,494 land transactions from January-December 2005. There were 1.27 Lakhs of women realty purchasers in the year 2006 thus shaping a big part of the whole 6.25 Lakhs investors in land. About 30% of the land purchasers are women, said an Ahmedabad based land developer. Progress of exception registration charges on women land purchasers still has sourced a huge loss of Rs. 64.88 Crores to the State Govt.
Source: NIMMA BENGALURU

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