Pune: State Government to Establish New Sub-Registrar Offices Amid Rising Real Estate Transactions

stamp paper
Share this News:

Pune, 21st September 2024: Due to increasing urbanization and industrialization in the state, there has been a significant rise in the buying and selling transactions of land, flats, shops, and other properties. In this context, citizens and local representatives have called for the establishment of new sub-registrar offices across the state.

In response, the state government has decided to increase the number of sub-registrar offices by setting new standards for document registration.

For urban areas, a sub-registrar office will be established when registration exceeds 12,000 documents per year, while in rural areas, the threshold is set at 8,000 documents per year. New sub-registrar offices will be created in regions where existing offices exceed these registration numbers.

The Registration and Stamp Department is the second-largest revenue-generating department for the government. Currently, there are 520 sub-registrar offices in the state, providing land registration and related services to the public. If any sub-registrar office registers more than 8,000 documents in a year, a new office will be necessary in that area.

By reviewing the performance of sub-registrar offices in various districts, the government has established registration standards in a decentralized manner to ensure proper service delivery to the communities.

In recent years, development has expanded beyond Mumbai, Thane, and Pune, gaining momentum throughout the state, leading to an increase in real estate transactions across various regions.

Consequently, the number of registrations in sub-registrar offices is on the rise, with some offices exceeding their capacity. As a result, citizens and public representatives are actively requesting the establishment of new offices.