Real estate registration becomes cheaper: 0.60% cess abolished, saving up to 60,000 on property worth 1 crore
Raipur. In a major relief to the general public, the Chhattisgarh government has abolished the 0.60 percent cess levied on the registration of immovable property. This decision, taken under the guidance of Chief Minister Vishnudev Sai, is effective immediately. With the notification of the Chhattisgarh Cess (Amendment) Act, 2026, the cost of property registration will now be reduced.
The Chief Minister said that the government's objective is not only to increase revenue, but also to simplify and make life affordable for the general public. This decision will directly benefit farmers, middle-class families, and millions of people involved in property purchases and sales. Now the registry process will be more accessible, simple, and cost-effective.
Registration Minister OP Chaudhary stated that the Chhattisgarh Cess (Amendment) Bill, 2026, was passed during the budget session. Upon notification, the additional 0.60 percent cess levied on the registration of immovable property was completely abolished.
He said this decision is particularly beneficial for middle- and lower-income families. For example, a property valued at ₹1 crore will now result in a direct savings of approximately ₹60,000. This will also bring transparency and speed to the property market.
It is noteworthy that in 2023, the then government imposed this cess to fund the Rajiv Gandhi Mitra Club and the Employment Mission. In 2024-25, the government received approximately ₹148 crore in revenue from this cess, while in the current financial year, ₹150 crore has been received so far. Despite this, the government has decided to waive this revenue in the public interest. This decision is expected to boost property registration in the state and provide a new impetus to economic activity.
