chennai the cost of redeveloping and developing your property may go up as the tamil nadu government has revised the registration charges for transfer of power of attorney to nonfamily members as per the revision 1 of the propertys market value should be paid as registration changes before the revision a flat rate of rs 10000 had to be paid in such cases the state registration department has increased the registration fees and stamp duty of 20 services provided by the department under section 78 of the registration act 1908 after a gap of 20 yearsthis includes searching of the registers for making or granting copies of reasons entries or documents before on or after registration for the safe custody and return of documents among others we have been seeing a lot of issues in power of attorney especially in land grabbing cases hence we want to discourage this and increase sales by the landowners said a registration department officialhowever developers feel that a hike in registration of power of attorney may have an impact on the customers as well sanjay chugh city head and director anarock property consultants said although it will bring additional revenue to the registration department it would also add an additional cost burden for projects that are slated for joint development redevelopment he saidsridharan chairman lyra properties and national vicepresident south of the confederation of real estate developers associations of india credai termed it as a steep hike we will represent to the government with a request to reconsider the same as this may cause hardship to the end users ie homeplot buyers as cost will escalate he explainedaccording to a release from the state registration department the additional charges for private attendance by the subregistrar at the residence has been increased from rs 200 to rs 1000 many vips elderly persons and others who cannot come to the registration offices avail this service explained the registration department officialthe other hike is in the fee for the receipt document for mortgage which has shot up from a meagre rs 20 to rs 200 the registration charges for partition family settlement and release of documents have been raised from rs 4000 to rs 10000 and the stamp duty for the same has increased from rs 25000 to rs 40000one reason for the hike is that the rates have remained the same for the past 20 years another is that we must increase the revenue of the registration department said an official