Property registration fee to go up by 15-30% in Bihar from April 1

Proposal to hike the registry charge was mooted to compensate the losses incurred by the government due to change in norms for registration by Rera

Flats owners' societies

Patna: Come April 1, and buying flats, shops and office spaces in five major cities of the state, including Patna and Muzaffarpur will become costlier. The registration department is all set to increase the registry fee for the property to compensate losses due to implementation of new rules of the state Real Estate Regulatory Authority (Rera).

The department has sought views of all the district sub-registrars regarding the proposal to compensate the losses that the department has been incurring due to change in Rera rules and they have suggested to increase the registration fee as immediate step, said a senior officer of excise, prohibition and registration department.

Also Read: Urban infra fund for development of 2,3-tier cities: Union Budget

Officials said that the loss could be compensated if the registration fee is hiked by 15-30%. A proposal is being prepared in this regard after required calculation and justification for the hike. The new rates for registration would be notified once it approved by the cabinet.

Officials said the new fee for registration of property would be notified in five districts, such as Patna, Muzaffarpur, Bhagalpur, Gaya and Purnia. Later, the rate revision would be implemented in the rest 33 cities. The department hopes to get a substantial sum from registration of property in these cities, as most of the apartments are being built in these cities.

Change in norms for registry of flats

As per the new rules of Rera, the flats will be registered on the basis of carpet area and not as per the super built-up area. Till now the registry is being done according to the super built-up area. It means, if the super built-up area of a flat to be purchased by a person is 1000 sq. feet and the carpet area is 800 sq. feet, the registry of flats will be done on 800 sq ft and not the whole built-up area of 1000 sq ft. As the 200 square feet registry is not being done, the department is facing loss of revenue.

Also Read: PM inaugurates EWS flats to rehabilitate Delhi’s slum dwellers

Issues in registration of society

Officials said that the flat area not registered comes under the society part. That part of flat required to be registered in the name of society. But, due to some technical glitches in the registration of the society, the registration is not being done by the flat holders. Due to this, the registry of the land left in the name of the society is not being done.

Govt set to act tough against delay in mutation

With a view to clearing the backlog of application for mutation, the state government has decided to penalise the circle officers and revenue officers of they kept the application for mutation pending for more than 35, without valid reasons. The new norm will be effective from March 1, said the officials.

Mutation mandatory within 35 days

Tightening its noose on rampant corruption in the circle offices, the state government has set the deadline of 35 days for completing mutation of property in all 534 circle offices. The concerned circle officers (COs) and revenue officers (ROs) need to explain within 100 words the reason behind the delay in mutation.

The district magistrates (DMs) has been instructed by the revenue and land reforms department to act against all the COs/ROs, who fail to dispose off the mutation petition within the set deadline.

36.33 lakh cases of mutation were rejected

A total of 99.39 lakh applications for mutation have been received in different circles since 2018 in the state, out of which 36.33 lakh applications were rejected. Worried about the rejection of such a large number of applications, the department has implemented this new system. The department has already made it mandatory to work on first come first serve basis in mutation.

Previous articlePM opens 1st leg of Delhi-Mumbai expressway for traffic
Next articleZonal meet of coal producing states in Bhubaneshwar on Feb 16


Please enter your comment!
Please enter your name here