Come July, anywhere registration of properties will be a reality in Andhra Pradesh.
Any house or land, irrespective of location within the State, can be registered across any one of the 432 Sub-registrar Offices in any part of the State, Vinod Kumar G Agarwal, Principal Secretary, Government of Andhra Pradesh, said.
“This will be possible with the Government establishing a massive State Data Centre in IT hub of Gachibowli with a capacity of 100 terra Bytes and with a disaster recovery centre outside of Andhra Pradesh. Thus far 258 offices have been covered and the rest will be online with this facility within couple of months,” he said.
Speaking at an interactive session with the representatives from the real estate sector at the Federation of Andhra Pradesh Chamber of Commerce and Industries, he said, “Every property in the State will have unique identity and can be located based on the identity by using certain coordinates,”
With the entire registration process going online, he said, “It will be possible for people to complete the filling up of forms sitting in the house, booking a slot for registration and completing the process without any delay.”
The State Government is also considering the possibility of allowing firms to have franking machines, which will enable them to print a stamp paper and use it.
Referring to the recent changes brought about in the stamp duty structure and market values of properties, he said with these changes, Andhra Pradesh will have the lowest rates across the country, next only to Union Territory of Delhi.
The State has reduced the stamp duty from 7.5 per cent to 6 per cent in urban areas and 8.5 per cent to 6 per cent in rural areas. It was about 13.5 per cent about 8 years ago.
The Government has also concurrently revised the values of land to bring them on par with what the market conditions are, he said.
During the meeting, the Federation President, Devendra Surana wanted some changes to be brought about to further streamline the registration process.