Upward revision of market values of land has marginal impact on registrations in Telangana
The Hindu
Department registers ₹224 crore revenue in two days
Upward revision of market values of lands apparently had marginal impact on the land related transactions in the State as the registration offices witnessed heavy rush of buyers/sellers on Tuesday.
There was slight decline in the number of transactions to 7,000 as compared with the 8,000 transactions witnessed during the same day last year. But the revenue earned by the department continued to be on the higher side.
The Registration and Stamps department witnessed over 10,000 transactions on a single day on January 31 registering revenue in excess of ₹ 110 crore a day ahead of the revision of market values. The intensity of the transactions continued on Tuesday, the day when the revised values became effective, with the department registering around ₹100 crore worth revenue for the second consecutive day.
Election Results 2024: arrangements made for counting of votes in Vizianagaram, Srikakulam districts
Election Results 2024: Vizianagaram district administration prepares for vote counting in seven Assembly seats and one Parliament seat at JNTU-GV University.
Bengaluru saw one of its worst water crises in 2024 with ground water drying up and several parts of the city scrambling for water. With instances like BWSSB supplying treated wastewater to the construction industry, apartments being permitted to sell water from their STPs to the department, and lakes in parts of Bengaluru and neighbouring districts being filled with water from the 33 STP plants in the city, recycling of water became an important topic of conversation during this period.