Andhra Pradesh   

Registration charges for flats to go up in A.P.

HYDERABAD: Market values of properties such as lands and buildings in towns and cities in Andhra Pradesh will be revised upwards by 5 to 10 per cent from August 1 for registration purpose.

Such a revision is due in all urban areas, but the government is contemplating implementation of the hike only in select cities and towns. The slump is reported even in Hyderabad for a variety of reasons, including the uncertainty over the Telangana statehood issue.

However, a senior official said the Stamps & Registration Department, had decided to increase market values even in Hyderabad as construction activity was at its peak.

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