Maharashtra: Rush before fiscal- end slows down property registrations

Officials attributed the rush to the property buyers’ intention to get the registration process done before the implementation of 1% metro cess from April 1 and announcement of the new Ready Reckoner rates the same dav.

Heavy footfall at most property registration office across the state and the ensuing slowing down of the server are leaving consumers a hassled lot with 10 days to go before the financial year ends.
Officials attributed the rush to the property buyers’ intention to get the registration process done before the implementation of 1% metro cess from April 1 and announcement of the new Ready Reckoner rates the same day.

A property registration official said most offices were facing server problems due to the heavy rush of consumers and scanning of their documents. The 550 registration offices across the state usually carry out 25-30 registrations each per day. The figures are now in the range of 40 to 45