ilmscore | Prediction Details
"the first year at the time of registration and everything itself you're paying 5% in Stam Duty 6% in stamp Duty 5% in GST then you're paying additional charges so you're 7% is right there and then the first year's return that you are going to get of 15% is wiped away automatically in the government charges that you're going to pay so 15% of the value of the house is gone through registration charges and GST and all of that all additional charges that go in so I'm already negative"
By Finance With Sharan | March 24, 2025 | Pending
From video
₹25,000 vs ₹17,00,000 Rent House! ft. @rk.ravikewalramani 00:10:52 - 00:11:14
Interpreted Prediction
Initial costs for Mumbai real estate, including stamp duty and GST, can amount to approximately 15% of the property value, wiping out first-year returns.
AI Evaluation Notes
To evaluate the accuracy, I need to find the current stamp duty, GST, and other charges on Mumbai real estate and compare them with the predicted 15% impact on first-year returns. However, this requires more specific information regarding property value and return on investment, which is not available.

Prediction Details

Topic
Mumbai Real Estate Costs

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