3 months ago
2
Transport Minister Mandipalli Ramprasad Reddy met Revenue Minister Anagani Satyaprasad astatine the Secretariat successful Amaravati connected Wednesday and urged him to trim the precocious registration charges affecting the residents and the existent property assemblage successful Rayachoti part successful Annamayya district.
Mr. Ramprasad Reddy brought to the announcement of the Revenue Minister that the registration values successful Rayachoti were accrued by 200 to 300 per cent erstwhile it was functioning arsenic the territory office till recently. Though the territory office was shifted to Madanapalle recently, the escalated values continued, imposing a dense fiscal load connected the nationalist and adversely impacting the existent property assemblage successful the region.
The Transport Minister said that marketplace values fixed good supra existent onshore prices had resulted successful a crisp diminution successful registrations, impacting buyers, developers, and associated trades. He apprehended that the projected summation successful onshore marketplace values from February 1, 2026, if implemented, would origin further distress to the nationalist and negatively impact the section economy.
Speaking to the media, the Minister said that helium had requested the Revenue section to trim the registration charges wrong the Rayachoti Sub-Registrar bureau limits. He said that the Revenue Minister had responded positively, assuring him that the contented would beryllium examined thoroughly.
