visakhapatnam following special revision of land prices in the state visakhapatnam is likely to contribute around 10 of registration revenue to the exchequerthe state stamps and registrations department has targeted to earn rs 12000 crore this financial year and vizag will contribute 10 as its target has been fixed at rs 1200 crore for the current financial yearvisakhapatnam districts target for the previous financial year was rs 1000 crorethe special revision will net the exchequer around rs 1000 crore and vizags share will be around rs 100 crore sources saidrevenue targets for anakapalli and srikakulam districts are rs 400 crore and vizianagaram around rs 500 crorethe special revision has seen an average hike of 20 to 25 in price the prices would be high where agricultural land is converted into nonagricultural land as the nature of the land is changed land conversion and lp numbers would give a higher price after the special revisionif we enhance a lower percentage of price it gives a higher price to the land that has a high base price the minimum enhanced price is 9 of the base price of land we have only taken 20 of the area in each subregistrar office jurisdiction where potentiality is high and more registrations are going on said g balakrishna dig stamps and registrationshe said the department had considered requests of real estate associations while making the revisionhe said that the department would not cross 60 of open market value while revising prices whether it is a general revision or a special revisionthere will be price fluctuations in an open market prices were enhanced in areas where real estate and construction activity new roads and layouts permission have come up in madhurawada pendurthi vepagunta bheemili and other areas the construction activity is high he said