Check it out folks, this is the map of our "Ward", the voting hub of Ward 63, stretching 1600 x 850m, is home to over 50,000 registered people, and we're not one of them.
With the change in India's wealth the property market has gone crazy. Every ramshackle house or as they're called here, bungalows, are being pushed over with a smash of a feather and a 6 to 10 story building is being built with 3/4 bed apartments sold for about AUD $850,000. Unfortunately there are strict ownership laws as the rental return is over AUD $7000 per month. Crazy but there is wealth in this country!!
The rich are the best at avoiding tax. Cash is KING here!!
The new middle class brought about but the IT and call centre trade are the new tax class for the government. Finally they have tax base to provide from but at the same time the channels of corruption grow deeper with the booming tax benefit.
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