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Property registration rates will be revised in Gurgaon

The Haryana Government is planning to increase the property registration rates for the financial year 2012-13. The expected hike in the property registration rate may be around 15%.

The rate of registration cost for the properties in Gurgaon has witnessed several hikes in last one year.

20-33% hike in registration cost was announced on March 2010, which was again increased by 100% on September 30th, 2010.

In March 2011 the registration cost again increased by 20-30%.

According to the official of registration department, this hike is a part of routine revise of property registration price.

More related story:

Green homes will get 5% to 10% rebate on property tax

Source : Hindustan Times

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