Madhya Pradesh Property Registration Revenue Surges
Real Estate

Madhya Pradesh Property Registration Revenue Surges

Madhya Pradesh has witnessed a notable surge in property registration revenue, recording an increase of over 12% during the fiscal year 2023-24. This substantial growth in revenue reflects positive trends in the state's real estate market and underscores renewed confidence among property buyers and investors.

The significant rise in property registration revenue indicates buoyancy in the Madhya Pradesh real estate sector, with increased transactions and property sales contributing to enhanced revenue generation. The uptick in revenue is a testament to the state government's efforts to streamline registration processes and facilitate ease of doing business in the property market.

The robust performance of the property registration sector in Madhya Pradesh bodes well for the overall economic outlook of the state. It signifies resilience and recovery in the real estate market, despite challenges posed by the COVID-19 pandemic and economic uncertainties.

The surge in property registration revenue is expected to have positive implications for infrastructure development and urbanization in Madhya Pradesh. Increased revenue streams enable the state government to allocate resources towards essential infrastructure projects and initiatives aimed at fostering sustainable growth and development.

As Madhya Pradesh continues its trajectory of economic recovery and growth, stakeholders anticipate continued momentum in the real estate sector. The strong performance of property registration revenue in FY24 reinforces confidence in the state's investment climate and underscores its potential for long-term prosperity and development.

Madhya Pradesh has witnessed a notable surge in property registration revenue, recording an increase of over 12% during the fiscal year 2023-24. This substantial growth in revenue reflects positive trends in the state's real estate market and underscores renewed confidence among property buyers and investors. The significant rise in property registration revenue indicates buoyancy in the Madhya Pradesh real estate sector, with increased transactions and property sales contributing to enhanced revenue generation. The uptick in revenue is a testament to the state government's efforts to streamline registration processes and facilitate ease of doing business in the property market. The robust performance of the property registration sector in Madhya Pradesh bodes well for the overall economic outlook of the state. It signifies resilience and recovery in the real estate market, despite challenges posed by the COVID-19 pandemic and economic uncertainties. The surge in property registration revenue is expected to have positive implications for infrastructure development and urbanization in Madhya Pradesh. Increased revenue streams enable the state government to allocate resources towards essential infrastructure projects and initiatives aimed at fostering sustainable growth and development. As Madhya Pradesh continues its trajectory of economic recovery and growth, stakeholders anticipate continued momentum in the real estate sector. The strong performance of property registration revenue in FY24 reinforces confidence in the state's investment climate and underscores its potential for long-term prosperity and development.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement