The Karnataka government is implementing an ‘Anywhere Registration’ system starting September 2nd, allowing property owners to register their properties at any sub-registrar office within their district. This reform aims to reduce waiting times and make the process more convenient for individuals.
The Hyderabad residential market witnessed a 10% decline in property registrations, with March 2024 recording 6,416 transactions. Properties priced between ₹25 and 50 lakh remained popular, while those priced above ₹1 crore saw increased demand. The market was dominated by apartments ranging from 1,000 to 2,000 square feet, with Rangareddy district contributing the most to the registrations.
