The real estate boom has increased the own revenues of the municipalities of the Metropolitan Area: Queretaro, Corregidora and El Marques.

The strong growth of real estate operations in the municipalities of the Metropolitan Area of Queretaro has caused that in the last two years the collection for the Domain Transfer Tax, exceeds the obtained by the Property Tax and becomes the main own income of the municipal coffers.

In the municipality of Queretaro 982 million pesos have been collected for this tax and is estimated to raise one thousand 300 million pesos until the end of the year, said the Secretary of Finance, Ruben Alvarez Lacuma.