Benami Transactions

4 Measures that Can Boost Transparency and Confidence in the Kolkata Property Market

4 Measures that Can Boost Transparency and Confidence in the Kolkata Property Market

The recent regulations passed by the parliament and some steps by the government are expected to make the Kolkata property market more transparent and bring in long-term confidence in the market. These measures are the Real Estate Regulation Act (RERA), the Benami Transactions (Prohibition) Act, 2016, the Goods and Services Tax (GST) and the demonetisation of Rs…