YSRCP leader to go on padayatra

Hyderabad: Former YSR Telangana Party leader Indira Shoban on Wednesday said that she will begin a padayatra from August 27 in the Huzurabad constituency in protest against the lack of employment opportunities in the State. She said that she would go on padayatra, which she has christened as ‘Upadhi Bharosa Yatra’, in her individual capacity.

Addressing the media at Telangana Martyrs Memorial at Gun Park, Indira said the objective of her embarking on an active role in the constituency set for a by-poll is to fight for employment opportunities for the youth. She clarified that she hasn’t decided on joining any political outfit yet.

Meanwhile, it may be noted that YSRTP has also announced that it will field over 100 unemployed youth in the Huzurabad segment to exert pressure on the government. On the other hand, BJP State president Bandi Sanjay would also begin his padayatra with the destination being Huzurabad.

Realtors concerned over low registrations

Hyderabad: Telangana’s realtors have expressed concerns over revised market values and registration charges adversely affecting the real estate business. According to Telangana State Realtors Association, the real estate market, which was already adversely affected by Covid-19, has only worsened with the revised market values and registration charges. “This is an unnecessary hike and buyers are not ready to pay the extra costs,” says N Praveen, president of the association.

Meanwhile, Managing Director of Sri Aditya Homes Private Ltd, Kota Reddy says that though residential properties are registering good sales, plot registrations are down as buyers have to shell out more for registering their plots.

Last month, the State government enhanced stamp duty from 6 percent to 7.5 percent and also revised the market value, which was earlier done in 2013. Following this, the registration charges coupled with the new market values have become a burden for buyers. All 144 sub-registration offices (SROs) in the State are witnessing only 30 registrations per day on an average, and the number of slot bookings has also slowed down.