Govt of Tamil Nadu has given relief to the property owners in the state with Samadhan Scheme. All those who were denied property registration documents since they could not pay stamp duty can now pay two-third of the remaining amount at the original rate and get back their property documents under the scheme.
- Samadhan scheme start date: 3rd January 2018
- Last date: 2nd April 2018
The conciliatory will be launched 6th time eyeing to generate revenue of Rs. 500 crores and clear 17,000 documents the Tamil Nadu revenue department has announced the scheme. The government order is issued on 29th December 2018 for the scheme.
Eligibility for Samadhan Scheme:
- All those who registered their properties before 8th July 2017
- All those who`s property registration documents are yet to be given due to non-payment of the stamp duty
According to section 47A of Stamp Duty the property registration documents are returned only if the stamp duty is fully paid. Many could not pay the stamp duty in full got their documents stuck with the sub-registrar office across Tamil Nadu resulting in huge loss of revenues as well. Samadhan Scheme was implemented 5 times earlier in 1999, 2002, 2004, 2007 and 2012 in which government recovered losses of Rs 34.50 crore, Rs 95.55 crore, Rs 88.30 crore, Rs 76.92 crore and Rs 140.83 crore respectively.