Respecte
P CHIDAMBARAM
Subject:
Black Money in Real Estate deals
Dear,
You plucked the holes in Capital Market with PAN id.
The biggest Black money is created not in Capital Market but in Real Estate market all over India.
Can you legislate, if Buyer and Seller do not declare
actual value of property transacted, to put them in Jail from 5 Years to 20 years?
SD Murthy, NRI, founding member of www.HikeINDIA.org
Yours Sincerely,
SD Murthy
United States
2007-03-01