Registrations pick up in June fetching ₹674 cr revenue to govt. in June
The Hindu
Process likely to gain momentum amid talk of impending revision of land values
Registration of agricultural and non-agricultural properties across the State has gained momentum during June with the month witnessing registration of over 1.6 lakh documents. According to officials, after a lull for almost month-and-a-half in the first two months of the current financial year, registration process has picked up considerably. This could be seen from registration of 1.69 lakh properties fetching revenue of ₹ 674.43 crore to the State exchequer. A major chunk of more than 90,000 documents are said to be of non-agricultural properties, particularly those lying in the vicinity of the Greater Hyderabad limits. The rush is particularly more in the registration offices under the Hyderabad Metropolitan Development Authority (HMDA) jurisdiction where the sub-registrar offices are trying hard to cope with the rush.
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