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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Telangana student found hanging in NIT Kurukshetra hostel room
Kurukshetra (PTI): A 19-year-old student from Telangana allegedly died by suicide at the National Institute of Technology (NIT) in Haryana's Kurukshetra district on Monday.
The student, identified as Angod Shiva, was found hanging from a ceiling fan in his hostel room, police said.
He was a resident of Maheshwari village in Rangareddy district, Telangana, and a first-semester student pursuing a degree in Computer Science and Engineering (CSE) at the institute and was staying in a hostel room on the campus.
No suicide note was found at the spot, police said.
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At the time of the incident, Shiva was alone in his room. His two roommates, both from Haryana, had gone for lunch. Earlier in the morning, Shiva had attended his classes around 10 am. After the class, he returned to his room while his roommates left for lunch, officials said.
When Shiva did not come to the mess for lunch, one of his roommates went back to call him. The room was locked from the inside. Despite repeated knocking, there was no response. The roommate then went around to the rear side of the building and looked through a window, where he allegedly saw Shiva hanging from the ceiling fan.
The matter was immediately reported to the NIT administration, which informed the police.
In charge of a police post under Thanesar police station, Vinod Kumar, said the body has been taken into custody and kept in the mortuary of Lok Nayak Jai Prakash Hospital (LNJP) for post-mortem examination.
Police have informed Shiva's family members, who are expected to arrive soon. Further action will be taken based on the statement of the family, Kumar said.
During preliminary questioning, Shiva's friends told the police that he used to speak frequently on the phone, but they could not understand his native language. However, he conversed with them in Hindi.
Police have initiated proceedings under relevant sections of the law and are continuing their investigation into the matter.
