DS-MAX Sanskruthi -2 & 3BHK Flats-2 & 3BHK Flats

2 & 3BHK Flats are available at  2 & 3BHK Flats at DS-MAX Sanskruthi an innovation from DS-Max Properties.

DS-MAX SANSKRUTHI is in a league of its own. The picturesque landscaped surroundings ensuring that your world remains clean, green and pure. Once completed, DS-MAX SANSKRUTHI would speak well for itself through greandeur, spacial arrangement and other finer touches.

AMENITIES

Swimming pool

Gymnasium

Childrens play area

Covered Car Parking

Vitrified Flooring

Security

Lift Facility

Power Back up

Water Facility

Provision for TV & Telephone Connection

Frank Talk

Sri. S.M. Krishna, Chief Minister of Karnataka, who is also in charge offinance presented the budget proposals on 21'1 march 2003.Budget follows the usual trodden path, taxing what is left out in the central budget. Middle class has to bear the burden with the imposition of APMC cess, and tax on power bills. Flat purchasers are worst hit. 

Though reduction in stamp duty and registration charges are welcome, continuation of additional stamp duty on behalf of local bodies in the form of cess will continue to be a burden. The removal of slab system and introduction of uniform 8% of the stamp duty on purchase of flats is burden to middle class who purchase economy budget flats. The burden is more on small budget flats, which tapers at the higher end. 

The following table shows the increase of the Flat First Registration: 

Stamp duty and registration changes 

Value of flat Present Revised

Difference 

(% in brackets) 

3,00.000 18,300 34,200 15,900 

(86.88%) 

5,00.000 32.600 57,000 24,400 

(74.84%)

10,00.000 84,100 1,14,000 29,900 

(35.55%) 

18,00,000 1,83,300 2,05,200 21,900 

(11.94%) 

The middle classes, because of paucity of funds generally prefer low budget flats. Flats optimize the land use and provide safety and security. In a single stroke, the state government has negated the various tax sops, progressive measures of central government to make housing affordable. In contrast the upper class, builders, promoters are rewarded by reducing the stamp duty on developmental agreements and general power of attorney for land development to Rs. 1000/- from the present 2% and 4% of market value. Taxing the end users will definitely effect the real estate sector adversely, particularly multiple housing projects, which are slowly gaining ground. Will the government think for a while? 

2 & 3BHK Flats are available at  Nagawara Junction, Bangalore at DS-MAX Sanskruthi an innovation from DS-Max Properties.