HYDERABAD: The Telangana government is considering hiking property registration charges by 20% to 50% for both agricultural and non-agricultural properties. If the cabinet approves the proposal, the revised charges will come into effect from February 1.
The proposal comes just six months after the state government increased property values for registration of all properties. The registration and stamps (R&S) department, which is expected to get Rs 10,000 crore revenue in the current financial year, will get another Rs 3,000 crore to Rs 4,000 crore after the hiked charges come into effect.