Kochi, September 8: The Kerala state treasury has reported a substantial inflow of revenue amounting to ₹20,892.26 crore from stamp duty and registration fees over the past four years, according to data from the Inspector General of Registration (IGR) office.
The period under review stretches from FY 2021–22 to FY 2024–25. Of this total revenue, ₹15,327.51 crore was generated through stamp duty and registration fees accounted for ₹5,564.75 crore during the same period.
Interestingly, data also revealed that a total of 4,859 individuals prepared and registered property deeds on their own during this four-year span.
The revenue generated through stamp duty and registration fees has been predominantly from the registration of land, buildings, flats, and commercial properties across Kerala. This significant income source underscores the economic vitality of the real estate sector in the state.
As per M.K. Haridas, Inspector General of Registration, the data provides valuable insights into the property market trends within the state. The information will serve as a useful resource for policymakers and stakeholders to make informed decisions regarding the sector’s growth and development.
The Kerala government has been encouraging self-registration of property deeds in an effort to streamline the process and ensure transparency and accountability within the system. The high number of individuals who have chosen to register their property deeds independently suggests a growing confidence in this approach.
With the 2025-26 financial year on the horizon, attention is turning towards potential growth areas and strategies for maximizing revenue inflows. The real estate sector, as evidenced by these recent figures, continues to play a crucial role in Kerala’s economic development.
