Like Bahubali in Tollywood, Vijayawada Registrar Office sets new record in generating the revenue through Stamps and Registration to AP. Stamps and Registration fees increased from 30% to 70% with effect from August 01st in AP. 13 districts People are in queue before Registrar office for land registrations on July 31st. As per the source, 100 crores of revenue has generated in Vijayawada Registrar Office on last day. 

Not only in Vijayawada, had all registrar offices in Krishna district received unexpected revenue through Stamps and Registration. AP’s new Capital is nearest to Vijayawada is the reason for raising the income in Stamps and Registration department. People are more worried on new increasing rates w.e.f. August 01st. That’s the reason people rushed towards Registration offices in Krishna district.

Government has increased values of lands from 30% to 70% after taking survey from all 13 districts. Government officially increased square yard of land in Bunder Road from 70K to 100K. In private market, it assumed 2.5 lakhs per square yard in Bunder Road. As per new government rates, the value of One Acre comes to 4.8 crores. Real estate sector is the most worried after increasing these rates. On and average there are 15 to 20 registrations after the division of the state in Jaggaiahpet but in July month Registrar office completed 150 registrations every day.


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