Selling property

[Tejaseagle741]

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Tejaseagle741
PARTICIPANT
March 19, 2025 at 8:03 am

So I have a flat worth 1.3 cr and want to sell it, but no one is ready to give me 1.3cr in white money as they want to save in taxes .The best I am getting is 70 lakhs in white and rest in cash

What can I do to get the entire amount in white?

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[Cleverhawk6137]

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Cleverhawk6137
PARTICIPANT
March 19, 2025 at 8:07 am

where is this property located?

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[Tejaseagle741]

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Tejaseagle741
OP
March 19, 2025 at 8:13 am

chandigarh

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[Luckythinker3941]

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Luckythinker3941
PARTICIPANT
March 19, 2025 at 8:18 am

Sell it to guy who wants to buy it on loan that way you will get all white money.

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[Cleversajal8453]

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Cleversajal8453
PARTICIPANT
March 19, 2025 at 8:50 am

Unfortunately the reality is as you put it, the only way out would be to have quite a bit of patience.
Real Estate is notorious for being a parking space for black money, and most people that have the capacity to buy instantly won’t anode by your condition.
If comfortable, list it out on websites like 99acres or Magic bricks for better reach.

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[Ojasguy865]

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Ojasguy865
PARTICIPANT
March 19, 2025 at 9:00 am

Kindly share properly details

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[Shivanshstar626]

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Shivanshstar626
PARTICIPANT
March 19, 2025 at 10:32 am

Is the circle rate / government rate for your property 1.3 Cr? Or is this the “market rrate”

The white value you receiving has to match the circle rate of the area as government registry will happen at this price.

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[Tejaseagle741]

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Tejaseagle741
OP
March 19, 2025 at 12:36 pm

star star

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