- January 2, 2025
- real estate news
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Land registration charges increasing in andhra pradesh
The state government has directed the district officials to re-examine the increase and reduction of registration values approved by the district committees. The schedule has been announced to this extent. Revenue, municipal and panchayat officials have to review the new values again on 10th of this month. The values finalized by them will be examined by the district committees on 17th. The next day it will be posted on the website to inform the public.
Objections will be received and considered till 24th of this month. On 25th, the district committees will approve them. Registration and Stamps Department IG Seshagiri Babu said in the latest circular sent to the districts that the new values will be implemented from February 1.
- It has been proposed to increase the value of a square yard in Visakhapatnam from Rs.72 thousand to Rs.1.20 lakh, in Rushikonda from Rs.25 thousand to Rs.30 thousand, in Gajuwaka from Rs.22 thousand to Rs.32 thousand, and in Ashilmetta from Rs.72 thousand to Rs.1.20 lakh. .
◆ Under the jurisdiction of Nakkapally Sub-Registrar of Anakapally district, the current residential areas have a square yard of Rs.3 thousand. Here it is proposed to increase Rs.5 thousand. It is proposed to increase the value of a square yard in commercial areas from Rs.7 thousand to Rs.9 thousand. ArcelorMittal Steel Plant and Bulk Drug Park will start this year in Nakkapally area. Values are raised here keeping in mind future development.
◆Rs 85 thousand to Rs 93 thousand per square yard in Guntur Lakshmipuram main road, Rs 85 thousand to Rs 95 thousand in Brindavan Gardens, Gorantla
It is proposed to increase from Rs.10 thousand to Rs.12 thousand. In Gujjanagundla, surrounding main road, NGO Colony and other places the increase is slight.
◆ New roads have been constructed in the area of Sub-Registrar office of Renigunta, Tirupati district. A yard of land at Thimmina Yudupalem Cotton Mill is valued at Rs. If it is 10 thousand, it is proposed as Rs. 19 thousand. In the area of Ela Mandyam and Annasamipalle, the value of a yard is Rs.4 thousand and it is possible to make it Rs.4,500.
- In Ongole’s Lawerpet and Taditaka colonies, the value of a square yard of commercial spaces along the roads is Rs. 45 thousand and Rs. 49 thousand. An acre in Mukthinutalapadu village is worth Rs. 40 lakhs.. for Rs.42 lakhs, in Koppolu Rs. 24 lakhs to Rs.26 lakhs has been proposed.
◆In Pata Mata Lanka under Vijayawada Patamata Sub-Registrar, currently the yard is Rs.46 thousand and Rs.
It will be 49 thousand. On MG road, the yard will be Rs.1.06 lakh to 1.10 lakh
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