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Circle rates introduced in Himachal Pradesh

Comments(2) Sub Category:Realty News,Uncategorized Posted On: Dec 06, 2011

Circle rates, a minimum rate for the valuation of the plot or an individual property will now be introduced in Himachal Pradesh.

This has been taken into consideration with the implementations witnessed in places like; Uttarakhand, Haryana and Uttar Pradesh.

These circle rates is said to be fixed revenue and will be revised once in a year. However for now rates for land registrations is calculated every month by Patwari (revenue official).

 

 

Source: The Economic Times

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