Tag: Property registration fee hike

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Registration Fees Rise in Hyderabad’s Key Growth Areas

HYDERABAD: The western corridor of the city, known for rapid real estate growth over the past decade, is facing a significant increase in property registration fees. From Friday, the Telangana state government’s updated land rates have been implemented, affecting both agricultural and non-agricultural land. The steepest increases were observed in the western areas, with surrounding neighborhoods seeing hikes of 25% to 75%. Several core city areas experienced less severe adjustments, with residential zones limited to a 25% rise. The most notable change occurred in Raidurg Panmaktha, where the price for one acre recently soared to Rs 237 crore. The registration…

IndustryLatest Stories

Karnataka’s hike in property registration fee sparks backlash

DHARWAD: The state government’s decision to raise property registration fees by 2% has provoked significant backlash from the public and opposition parties, which are now urging an immediate reversal. Deputy opposition leader Arvind Bellad criticized the Congress government’s “anti-people policies” that are adding to the burdens of citizens already facing rising costs. “The government has suddenly doubled the property registration fee. For low-income and middle-class families, this increase—raising stamp duty and registration charges to 7.6%—is a heavy burden,” he remarked, calling for a return to the previous rates. Citizens claim that the state government has used the guise of “better…