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Pune registration authority puts a record

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According to the sources available to www.propertykhazana.com, even though there continues the realty recession in India, Pune district has registered a record collection of Rs. 1,392 Crores from the Registrations and Stamp Paper Duty of the of the land contracts for 2007-08. This is an hike of 30.22%, against Rs. 1,069 Crores in 2006-07, but the registration of the lands was 2, 97,785 in 2007-08, against 2, 82,068 in 2006-07 which is an hike of sheer 5.57%, against 16.15% in the last year. Boost up in revenue collection of 30.22% against 16.15% is being credited to the vertical hike in the land rate list of Ready Reckoner by the State Government.
V M Maske, DIG of Registration and Deputy Controller of Stamps in Pune Division said to www.propertykhazana.com that, “There is a record collection of Rs. 1,392 Crores from the registration of land documents in Pune district.” There are 20 registration offices in Pune city and 17 in the rural localities. Maske also said that, “Pune district is leading in the whole division with more than Rs. 1,392 Crores of the total Rs. 1613.08 Crores revenue collection.” Revenue collection from registrations in Kolhapur district has been Rs. 70.11, Solapur District is Rs. 59.38 Crores, Satara is Rs. 51.55 Crores and Sangli is Rs. 40.15 Crores respectively.
Source: NBTVLIVE

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