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  • 14 years ago
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Black money asked by Builder

Reported on June 26, 2011 from Kalyan , Maharashtra  ι Report #6758

I want to purchase one Flat in dombivali, found good place to invest. Builder offered rate of 4950/- for 950sq. ft. which was above my expectation in location like dombivali, **********.
He said that out of that 37.5Lac will be only agreement value and on top i have to pay 9Lac in cash as black money.

I went to other builder, its same story everywhere, it was not the way ealier 6-year back when i purchase in Andheri, which was total White money.

Now Builder upfront ask Black Money, hight is Bank also want to know how much I paid Black, as they count my Credit value base on that, what a poor business now days...

this site gave me to explore my points.

thanks a lot,

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