Govt to hike land value in Hyderabad
With the enhancement of fee for encumbrance, marriage certificate and many other services of the registration and stamps department few months ago, the state government is working towards increasing the land value for both agriculture and and non-agriculture land for registration purposes.
With the increase in the land value, the property buyers will have to pay more amount of registration and stamp fee. It was stated by the revenue officials that the land values were revised years ago and have not been revised again due to various reasons.
The state government has however, decided to increase the basic land value annually on August 1. Earlier the registration of the land value was kept on hold due to many other issues such as the registration of the marriage certificate, gift deed and so on.
Encumbrance, land value for both agriculture, marriage certificat, non-agriculture land, Property Buyers, Registration, registration purposes, State government