Hyderabad Real Estate: A Big Slump in Registration
Hyderabad Real Estate: A Big Slump in Registration
According to statistics available with the registration and stamps (R&S) department
According to statistics available with the registration and stamps (R&S) department
While property registrations fetched Rs 14,291 crore in the 2022–23 financial year.
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Which was Rs 2,000 crore more than the previous year (2021–22),
Registration transactions (documents) for the year
Dipped to 19.44 lakh from 19.72 lakh in 2021–22.
This means there were no takers for the properties.
And hence there was a dip in the registrations.