Get a quote

Tamil Nadu registration Department records rs 273 crore revenue on April 30

May 02 2025

Tamil Nadu registration Department records rs 273 crore revenue on April 30

Akshaya Tritiya proved to be a golden opportunity not just for jewellers but also for Tamil Nadu's real estate sector. On Wednesday, the state registration department recorded a historic high with registration of 27,440 property documents in a single day and generating a record-breaking revenue of Rs 272.87 crore. According to commercial taxes and registration minister P Moorthy, the occasion marked the most lucrative single day in the department's history, surpassing the previous record set on Feb 10, 2025, when 23,421 documents were registered, yielding 237.98 crore. Traditionally celebrated as an auspicious day for buying gold and launching new ventures, Akshaya Tritiya has increasingly become a preferred occasion for property investments. In anticipation of the heightened demand, the department implemented several proactive measures. Based on public feedback, it expanded pre-booking slots across registration offices. Offices with one sub-registrar increased capacity from 100 to 150 slots, while those with two sub-registrars increased slots from 200 to 300. At 100 high-volume offices, regular booking slots were raised from 100 to 150. The number of immediate booking slots was also increased from 12 to 16 to facilitate smoother public access. These steps helped streamline operations and ensured that the surge in footfall on the auspicious day did not disrupt the registration process. Chennai topped the list in the state and South Chennai witnessed more registrations within the city, said an official from the registration department. A Mohammed Ali, president of CREDAI Chennai, said market sentiment remains strong. "Many home buyers prefer registering property on Akshaya Tritiya, and we've seen a rise in enquiries for home purchases on this date. 
 

 

 

https://www.livehomes.in/news_letter

Image 1
Image 2
Image 3
Image 4
Description of the image

Download Livehomes App
and Notification for New Properties

Play Store Logo iOS App Store Logo

To Make Your Builder Floor Apartment, flats, Villa, Search convenient and attractive  

Real Time Experience | Budget friendly Search | Notification as on Date

Frequently asked questions

Yes, we offer property management services for landlords who require assistance with managing their rental properties. Our services include finding tenants, collecting rent, handling maintenance issues, and ensuring compliance with legal requirements.

Construction is the process of building, assembling, or erecting structures, infrastructure, or facilities.

Look for designers with experience in projects similar to yours, check their portfolio, and ensure they understand your vision and budget.

Trends vary, but some popular ones include sustainable design, biophilic design (connecting with nature), and minimalist aesthetics.

The borrower receives a lump sum of money from the lender, which is then repaid over time with interest, typically through monthly payments.

About Us | Properties | Home Loan | Join Venture | Contact us