174: Know how an increase in ready reckoner rates may impact your cost of a buying house
The Maharashtra government has increased the ready reckoner rates also known as the circle rates by an average 1.74% across the state. This move has surprised many as the real estate sector is already grappling with poor sales and high inventory. Let’s understand what is a ready reckoner rate and how an increase in the same can increase your cost of buying a house
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