The Delhi Cabinet, to raise additional revenue, on Monday approved a hike in the fee for registration of property from the existing Rs 100 to one per cent of total value in the case of all property valued at up to Rs 20 lakhs.
For all property valued above that, the registration fee will be a flat Rs 50,000.
The fee to register a will has been set at Rs 500. These will net the NCT government’s exchequer an additional Rs 100 crores.