Hyderabad: The government’s plan to increase the value of the property market from February 1 has resulted in a hurry for registration in all sub-registrar and Tahsildar offices in the state in the last few days.
Although some sales agents and developers have urged the state government to delay the revision because it will have a negative impact on them, the government cannot accept demand.
The proposal for an increase in interest rates has been tried by the registration department according to the state government order last week and the data is uploaded on the Dharani portal.
The government can close the Dharani portal on January 31, the day before the new interest rates come into force.
However, in a hurry to avoid paying rising rates, however, has caused the Dharani portal congestion that has witnessed technical disorders over the past five days.
“I have tried to register my farm in the Mandal conducted in Siddipet for the past few days and a slot was also booked on January 21.
But the property was not registered due to technical disruptions,” Vamshidhar said from Dilsukhnagar.
The official source also said there was a significant leap in registration in the last two days.
“During normal days, registration exceeded around 4,000 to 5,000 daily collections and income at Rs 40 to RS 45 Crore.
But for the past few days, the number of registrations jumped to 11,000 and income increased around RS 100-110 Crore A Day,” Registration And the Commissioner’s V Sheshadri department’s stamp tells the Toi.
According to sources, people have queued in the surrounding districts such as Medchal-Ranga Reddy, Sangareddy, Siddipet and Yadadri because the government proposed more increases in these areas.
There are also charges against the staff in the sub-registrar and the Mandal Office to create problems in registration and make money using this opportunity.
“How many days the government government will claim there is a disturbance in the Portal Dharani,” Ask the property owner.
However, registration and stamps, officials, portal said facing disturbances only on Thursday and there were no problems on Friday.
“The portal might witness the problem because it contains on the server because many people try at the same time to order slots,” said a district registrant.
While agricultural land is registered at the Tahsildar office, non-agricultural property transactions are recorded in 141 sub-registration offices.
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