
Paper cuts_Hyderabad Real estate news
February 22, 2025 at 05:09 AM
T amends property registration rules, to allow concessions for illegal layouts
25% SOP IN PENALTIES
• Previous property registration rules did not offer any concessions on penalties for unauthorised layouts
REVISED RULES
• In unauthorised layouts, property registrations will be only is it undergo regularisation
• New amendment incorporates 25% concession in penalties
• Layouts where at least 10% of plots were sold on or before Aug 26, 2020, will be eligible for registration
• Regularisation charges and pro-rata open space charges required for registration
