In the real estate sector, the registration figures which had fallen in August have started increasing again during the festive season. There has been an improvement in September. According to the figures of the registration department, from April to September 24, Indore district alone has earned an income of 1125.59 crores from registration fee and stamp duty. In the first six months of the last financial year, this figure was 1088.56 crores. This increase was recorded at 3.40 percent.
If we talk about Indore-Ujjain Rojan, in the last 15 districts
An increase of 6.54 percent has been registered compared to the year.
The total income of both the divisions in the last six months was Rs 1993.21 crore, which has now increased to Rs 2123.47 crore. However, in Indore, the growth in the first half of the year 2022-23 was 34 percent. Indore district accounts for 70 to 80 percent of the revenue among the 15 districts of both the divisions.
According to Deputy Inspector General of Registration Balkrishna More, growth has increased in both the divisions. More enthusiasm is seen in smaller districts along with Indore. This growth was recorded at 10.16, 11.69, 12.48 percent in Dhar, 18 percent in Khandwa, 33.77 in Burhanpur Malia, 13.80 in Dewas and 13.65 percent in Mandsaur. Ratlam district is the only one where growth has increased by 1.09 percent in this half year as compared to the figures of the last six months.
The target of revenue income from registration is 3077 crores. Year 2023-
This income was Rs 2400 crore in 2014. Senior District Registrar Deepak Kumar
Sharma told that this time the target
This is 27% more than last year’s income. We are hopeful that Navratri and
end of financial year with diwali
By then we will get it. Talking about the figures before this
In the year 2018-19, the income of Indore district was 1134.08 crores, 2019-
1229 crores in 2020-21
₹ 1321.97 crore in 2021-22
1836.44 crore in 2022-23
It was Rs 2084.30 crores.
In the six months of this year, 2.39 lakh documents were registered in Indore-Ujjain division
According to Inspector General Registration More, this year’s target for Indore-Ujjain division is Rs 5354 crore. A total of 2.91 lakh documents have been registered in document registration from April to September. Last year, 2.73 lakh documents were registered till this period. This time 17 thousand, 372 documents have been registered since last year.
Source-Dainik Bhaskar