Trans­fer Realty Deal­ings On­line

The Economic Times - - The Edit Page Ict Trade -

This refers to ‘House That for Ren­o­va­tion!’ by Jaideep Mishra (Feb 22). Trans­parency in hous­ing would lead to root­ing out black money is for sure as the real es­tate sec­tor has been en­crypted with price anom­alies, in­flu­ence of un­reg­is­tered prop­erty deal­ers, ex­ces­sive du­ties and be­nami hold­ers. Un­reg­u­lated prop­erty deal­ers skew prices by mis­guid­ing the pub­lic. The real es­tate re­forms can­not be ef­fec­tive un­less there is a strong cuff on prop­erty traders with trans­par­ent on­line trad­ing of prop­erty.

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