Dip in TN Property Registration
Posted on: 11/Nov/2014 3:09:34 PM
An official of the Registration Department said that during the first six months of the last financial year, a total of 13.36 lakh documents were registered. But during the same period this year it has come down to 12.85 lakh documents.During the first half of the last financial year, the revenue was around Rs 4,002 crore while for the same period this year it is Rs 4,001 crore.
This has been attributed to many projects which have not been registered in order to evade stamp duty.
