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Should I make a property deal with cash transaction?- Property Hotline
Posted
November 22, 2016
Views
2,420
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14
Comments
1
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November 22, 2016
2,420
14
1
0.62%
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2:10Now PlayingExpert: Jayashree Kurup, Head of Content & Research at Magicbricks.com
Question: I am planning to purchase a property on Bannerghatta Road in Bengaluru. Total cost of the flat is Rs 79 lakh. Now, after demonetisation, the builder is asking me to make the payment in cash. How should I go about with the deal? Or should I cancel it?
Answer: 'Black Money Bill' was passed in 2015. There are stringent punishments if you deal with the black money. So do not go for such type of deals.
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