Madhya Pradesh to Review Property Registry Rates Quarterly

In a recent meeting held in Bhopal, Chief Minister Mohan Yadav announced a significant change in the property registry process in Madhya Pradesh. Previously, the registry rates for immovable properties were adjusted annually, but the new directive allows for quarterly revisions based on market rates. This decision aims to reflect the real-time value of properties, particularly in areas experiencing growth due to development activities. The CM emphasized the need for the Commercial Tax department to identify areas where market rates have risen and to implement these changes every three months. Additionally, the Chief Minister highlighted the importance of combating GST evasion and ensuring transparency in tax collection. He instructed officers to enhance their technical skills and utilize IT and data analysis to improve efficiency. Competent officers will be assigned to the anti-evasion bureau to ensure effective action against tax evasion. The meeting also addressed issues related to illegal liquor and excise crimes, with a directive to study the excise model of Uttar Pradesh for potential implementation in Madhya Pradesh. Officers reported that liquor shops have been relocated 1.5 km from city limits, and geo-tagging of all bar and liquor establishments has been completed to monitor compliance. Overall, these measures reflect the government's commitment to improving revenue collection while supporting development initiatives and maintaining public safety, particularly around educational and religious institutions.