Property registration fee up
Posted on: 06/Jun/2013 5:45:37 PM
The registration of property in Tamil Nadu increased in April � May with 11 per cent growth. The raise in guideline values coupled with high lending rates are attributed to this.
Says Managing Director of Akshaya Home, T. Chitti Babu, �There was a definitive slowdown. Besides, February and March are months where companies race to achieve their sales targets which could have compromised on prices. But we are witnessing a definitive improvement in both sentiment and sales.�
�The past two months have been fairly good in terms of new sales. We tend to believe that the downward bias has been halted�, said Suresh Krishnan of Isha Homes.
