Registration of non-agri properties gains momentum

Registration of properties, non-agricultural properties in particular, is picking up since the government has allowed opening of the sub-registrar and district registration offices since Monday.The de

Registration of properties, non-agricultural properties in particular, is picking up since the government has allowed opening of the sub-registrar and district registration offices since Monday. The department has registered ₹20 crore revenue on Tuesday as against the ₹8.16 crore on Monday, the first day of the opening up of the transactions. Tuesday’s revenue of ₹20 crore included ₹18 crore on registered documents – stamp duty and registration fee – and another ₹2 crore income from other transactions, according to senior officials. The day witnessed 1,148 transactions in the limited four-hour time for which the offices were kept open. Of these, 949 pertained to slots booked in advance and another 199 walk in – persons who booked their slots before May 12, the day when the registration process was stopped on account of imposition of lockdown.