Property registration fee doubled in Karnataka from 1% to 2%
Bengaluru: Property registrations in Karnataka have become costlier, as the State government on Friday announced a hike in the registration fee from 1% to 2% for all properties, as reported by The Hindu. This increase is aimed at helping the state recover from recent revenue shortfalls.
As a result of the fee hike, the total transaction costs, which include stamp duty and other charges, will now rise to around 7.6%, up from the previous 6.6%. The change is expected to impact both property buyers and sellers.
Builders have reportedly criticised the government's decision, pointing to the existing e-Khata mandate as a bottleneck and questioning the effectiveness of doubling the registration fee as a solution to the state's financial challenges. Industry experts reportedly argue that the fee hike may stifle the real estate market, reduce transactions, and discourage investment.
Despite concerns, the government has defended the move, asserting that the increased revenue will be used to support infrastructure development and public welfare projects in the state.
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Couple, son 'hacked' to death over witchcraft suspicion in Jharkhand's Palamu
Medininagar (PTI): A couple and their 18-year-old son were allegedly hacked to death over suspicion of practising witchcraft in Jharkhand's Palamu, police said on Sunday.
Their minor daughter was also injured in the attack late on Saturday, a police officer said.
The bodies were recovered from their house on Sunday in Panki police station area, he said.
“Initial investigation suggests that the case is related to witchcraft suspicion,” Manoj Kumar Jha, Sub-Divisional Police Officer (SDPO) of Lesliganj told PTI.
A manhunt is on to nab the culprits, Jha said.
The girl suffered severe injuries and has been admitted to a government hospital, he said.
The deceased have been identified as Vijay Bhuiyan (45), his wife Kalia Devi (40), and their son Chotu Bhuiyan.
The bodies have been sent to Medinirai Medical College and Hospital (MMCH) for post-mortem examination.
