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Panel to collect data on real estate value to plug revenue leaks in Goa

Dated on: Tuesday 2nd May 2023

The revenue department has agreed to organise a working group committee to collect data on the average real estate value in various locations in order to plug revenue leakage and ascertain the correct market value of real estate. The market value of built-up properties and land will be categorised as "urban, developing, coastal, rural, and similar areas" and communicated with sub-registrars so that stamp duty and registration charges may be computed correctly.

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