The reduction in Nagar Palika Nagar Parishad duty tax on the land and house registries from 3 percent to 1 percent with effect from 18 September 2020 till 31 December 2020 has resulted in the increase in sale and purchase of house plots and lands in the real estate sector. And the total revenue generation of Indore district only for the month of September 2020 is 84 crores.
District registrar of Indore district Balkrishna Mourya told The Pioneer that the number of registries has increased in this month due to the decrease in the Nagar Palika Nagar Parishad duty from 3 to 1 percent and in only September 2020 month we have registered 9000 documents of registries in the entire Indore district.
If we compare the registry collection of the tax of the lockdown period since the time the registry department started functioning in this lockdown from 20 may 20202 to 30 September the revenue collection is same as of previous year tenure of 20 may 2019 to 30 September 2019 that is rs 384 crores.
The target for the year 2020 -2021 is rs 1320 crores. There are 23 registrars in entire Indore district including the registrar office located at tehsils of Indore district which includes Mhow Depalpur and Sanwer.