Muzaffarpur. The complaint of excessive MVR from earlier and the impact of the cancellation was seen on the purchase and sale of land. On Friday, on the last day of the financial year, relatively few land registry was done. In view of this, the land registry will be at the old rate in the next financial year. There will be no increase or decrease in MVR yet.
Today there are 126 documents of the land registry. Whereas 364 documents had come on this day in the last financial year. Reason, then the price of land was fixed. On the same, look at the statistics, there are fewer than four thousand registrations till the next four months of the ban on bondage. During this period, more than five thousand registries took place during the previous year. Due to this, there was also less recovery of revenue compared to the previous year. Last year, where one billion 84 million 54 lakh 98 thousand 120 rupees came in the form of revenue, this figure was only one billion 64 million 27 lakh 56 thousand 390 (till 30 March) this year. That is, a reduction of about Rs 20 crore. District Superintendent Nilesh Kumar said that the sale of the land in the Corporation and its adjoining area was greatly reduced. It has less revenue than revenue.
