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 At an intersection in central Havana that for many years has served as town's underground real property bazaar, people said the tax fee seemed reasonable in the abstract, but it would rely drastically on how authorities end up valuing the properties.
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 The new legislation requires that each one real estate transactions be made by means of Cuban bank accounts in order that they are often better regulated, and it sets a tax fee of eight p.c of the assessed value - break up equally by purchaser and vendor.
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 So perhaps that is a part of it, now we have been hearing about problems in the true estate market for long time now and notably from Delhi.
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