Planning to buy a house or plot in Andhra Pradesh? Be prepared to pay more charges for the registration of your property from 1st August 2018. Government of Andhra Pradesh has decided to increase registration charges for houses and house sites across the state.
Also Read: Registration and Mutation Process in Andhra Pradesh
Municipalities and Urban Areas:
The increased registration charges will come into force from 1st August 2018. The hike is applicable for registrations in all urban and municipal areas of the state initially. Registration charges in rural areas also will be hiked soon.
For CRDA:
The increased registration charges in Andhra Pradesh will also be applicable for the lands and houses in Capital Region Development Authority (CRDA) area. This is going to impact the real estate sector for a while.
There are 110 municipalities in the state of Andhra Pradesh. The increased registration charges will be applicable in all these municipalities. More details of the changes will be available on registration.ap.gov.in . This is the first hike in registration charges in AP after bifurcation of the state. Earlier hike was in 2013 in United Andhra Pradesh.