Hyderabad Real Estate: A Big Slump in Registration

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.