GREAT NEWS FOR BRAND NEW PROJECT BUYERS

The Environment And Urban Ministry, with The Ministry Of Treasury and Finance have announced a Tax Exemption on the Title Deeds for new projects bought from the Urban Regeneration areas. Builders and buyers within these Urban Regeneration zones will all be exempt from paying the 3% (4% in the new year) tax. As you know that, currently there is a 3% tax on title deeds. This will be increased back up to its normal rate of 4% in the new year by the Ministry Of Treasury And Finance.

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