Chennai's real estate sector achieved a historic milestone with 27,440 property documents registered in one day, generating a record revenue of ₹273 crore. This surpasses the previous peak and highlights the city’s thriving property market driven by auspicious days, infrastructure growth, and efficient registration processes. Key factors include cultural influence, streamlined government.
Pune's Inspector-General of Registration has launched an SMS facility for property document updates, significantly easing the process for citizens and improving access to registration details.
New norms are drafted by the stamp duty and registration department to reduce the increasing property transaction frauds. Individuals authentication and birthmarks declaration are added.