Minister for Roads and Buildings, Housing and Legislative Affairs Vemula Prashanth Reddy said that the Telangana government will ensure that the poor are not burdened by the Layout Regularisation Scheme (LRS).
Hyderabad: Minister for Roads and Buildings, Housing and Legislative Affairs Vemula Prashanth Reddy has said that registration of properties will resume sometime after the launch of the Dharani Portal scheduled for October 25. He also said that the Telangana government will ensure that the poor are not burdened by the Layout Regularisation Scheme (LRS).
The Minister said this while answering a question raised by Zafar Hussain of All India Majlis e Ittehadul Muslimeen (AIMIM) during discussion on the Indian Stamp (Telangana Amendment) Bill 2020 in the Assembly on Tuesday. The MLA said that several people are facing hardships because of the suspension of registration for a long time, first due to lockdown and then because of the proposed launch of Dharani portal. Congress Legislature Party Leader Mallu Bhatti Vikramarka mentioned about the LRS, demanding the government to scrap the scheme.
Earlier introducing the amendment Bill Prashanth Reddy said that the Bill was aimed at amending the Section 47-A of the Indian Stamps Act 1899, scrapping the discretionary powers registration authorities including the Inspector General of Stamps and Registrations in fixing the value of the stamp duty. The Amendment now gives that right to a Committee headed by district Collector concerned, district registrar as convener, Municipal Commissioner, Zilla Parishad CEO and DIG Stamps as members in urban areas.
“Earlier if any citizen felt that the Stamp duty was exorbitant he would go ahead pay 50 per cent of the stamp duty and get the property registered. While the registration process will be kept in abeyance the Registrar or the IG can take a decision based on the appeal made by the consumer. They can either increase or decrease the stamp duty. This has given chance to corruption in some places,” he said. He added that the government which has already introduced the new Revenue bill bringing sweeping changes in the way registrations are done in the State, has decided to remove the discretionary powers and handover such decision making to a committee instead.
“However once the committee decides on the final stamp duty, the consumer must then pay the entire stamp and book a slot and complete the registration work,” Prasahanth Reddy said. He made it clear that the Registrar will not object if both the parties agree on registering a property by quoting lesser value than the value mentioned in the government book. The House then unanimously passed the Bill.
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