Sub-registrar offices to work from 8 am to 8 pm

NT Correspondent

Bengaluru: As the Karnataka government announced that the new revised guidance value - an average 25% to 30% higher than the existing rates - will come into effect from October 1, the number of online applications being filed for registering properties before September 30 have shot up exponentially.

To accommodate this surge in the number of applications, the Department of Stamps and Registration has decided to open subregistrar offices across the State from 8 am to 8 pm.

At present, sub-registrar offices function between 10 am and 5:30 pm. The order also states that sub-registrar offices will function as usual from 8 am to 8 pm on September 23, fourth Saturday of the month, which is usually a government holiday.

"As per rules, we need to collect the stamp duty as per the date of registration of the property deal and not the date of the application being filed. If we do not work towards ensuring all applications being made seeking a slot for property registration now before September 30, the new guidance value will apply and the stamp duty will be levied as per the new rates. So we have decided to work for extra hours and provide this window to clear all applications,'' an official said. 

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