Being an NRI it becomes really difficult to keep an eye on the property that you inherited or purchased for the purpose of investment. Mr. Rajnish Chadha recently went through the same turmoil. He inherited a property from his parents in Mumbai and went for the paperwork, which itself is quite a hectic task and after going through all the paperwork with help of a middleman, he flied back to Christchurch.
Rajnish Pandya, a Mumbai born graduate student who moved to Manila, Philippines for post graduate degree in business in 2010. After finish his business major he’s been working in Metropolitan Bank and Trust Co., which is one of the leading banks in the Philippines.
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Earlier Maharashtra Government used to charge 2 percent stamp duty on the transfer of immovable property to heirs or family members.
Last week at the Legislative assembly, the Revenue Minister of the state Eknath Khadse announced this news. And this news has been welcomed by people in the state of Maharashtra, which is the third largest state in India.
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