The enhanced land rates four months ago seem to have made no dent in the revenues as the registration department’s coffers continue to swell. In the past eight months alone, the government has netted Rs 7,000 crore, which is twice the revenue earned during pre-Covid time and more than three times during the 2020-21 financial year.
Of the 12 lakh documents registered by the registration and stamps (R&S) department, over three lakh pertain to Agriculture-notes-for-state-psc-exams”>Agriculture properties that were registered through Dharani web land portal. Among the districts, Rangareddy, Medchal-Malkajgiri, Hyderabad, Sangareddy and Yadadri Bhuvanagiri contributed the lion’s share (60%) of the revenue.
The official said of the eight months in the current financial year (2021-2022), the department earned over Rs 1,000 crore in just a month.