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Is there any reduction in cost in land in Delhi because of sudden rise in taxes?
Q: I am planning to take land in Delhi which DLF organisation is planning to sell. Is there any reduction in cost because of sudden rise in taxes? Please provide me relevant information regarding this.
Sudden rise in income taxes and huge debts has made DLF to sell many of their lands properties. It has aimed to become debt free as soon as possible and due to this they have increased land rates so that they get maximum benefit out of it. For some underdeveloped land they may sell it at lower rate.