hyderabad the real estate boom in andhra pradesh brought an additional rs 846 crore revenue to the state government through land registration and stamp duty during the financial year 201516 the real estate revenue was an all time high with the state government earning rs 3578 crore which is rs 846 crore more than the rs 2732 crore it had earned in the previous financial yearthere was a surge in land transactions during 201516 the number of documents registered increased substantially in krishna and guntur districts also almost all districts reported more number of registrations compared to last year said a senior official in the registrations departmentthe high demand for land in the the capital region notwithstanding visakhapatnam continued to be the most alluring destination regarding real estate the district recorded the highest ever revenue during 201516 at rs 51381 crore against the previous years rs 480 crore however guntur recorded the highest number of document registrations and reported rs 48979 crore revenue through registration of 207366 land documents on march 31 the last day of the financial year guntur registered a record 8760 property registrationsrevenue officials disclosed that the recent revision in market value of land and plugging of loopholes in subregistrar offices had resulted in the higher income they pointed out that increased buying by nonresident indians in and around the new capital region had fuelled the land prices and registration revenuemore nris are buying land in ap after the bifurcation krishna guntur and prakasam have reported 100 per cent increase in land prices west godavari also reported increase in land prices and registration revenue said a senior official east godavari district topped the list of eregistrations chittoor nellore and anantapur reported more than 50 per cent increase in land registration revenue while srikakulam stood last with rs 68 crore revenuethe state government also increased the stamp duty and the market value of land the stamp duty was increased to 5 from 4 the land registration fee which was at 05 of the market value was hiked to 1 graphicthe highs and the lows visakhapatnam district records highestever revenue at rs 51381 crore guntur records highest number of document registrations and reported rs 48979 crore revenue east godavari district topped the list of eregistrations chittoor nellore and anantapur reported more than 50 per cent increase in land registration revenue srikakulam stood last with rs 68 crore revenue