Mohali's district administration raised collector rates for residential properties by 20-32%, with peaks up to 67% in areas like Gillco Park Hills. Effective October 23, 2025, this hike boosts stamp duties, raising costs for buyers in GMADA sectors, JLPL, and more. Industrial rates up 30%; commercial unchanged. Transactions now hinge on higher valuations, reshaping the local real estate market.
Mohali's district administration has rolled out a hefty 20-32% increase in collector rates for residential properties, kicking in from October 23, 2025. This bump pushes rates from Rs 30,000 to Rs 36,000 and Rs 45,000 to Rs 56,000 per square yard, hiking stamp duties for buyers. Industrial rates jumped 30%, but commercial ones stayed put, marking the fourth straight rise since 2021 amid Mohali's..
Haryana implemented steep collector rate increases up to 50% in Panchkula from August 1, 2025, affecting over 53,000 property buyers and sparking widespread opposition from residents.
Chandigarh witnesses record-breaking property transactions in premium areas like Sector 18-A and Motor Market, with a two-kanal house selling for ₹32 crore, signaling robust investor sentiment despite tax hikes and digital reforms.
Chandigarh's collector rates surge steeply, with a 400% jump in rural areas and 80-130% hikes in urban sectors starting April 1, 2025. Property taxes and stamp duties rise sharply, affecting Tricity homebuyers and sparking trader opposition. The UT Administration's first rate adjustment in four years aims to boost public finances but faces criticism for timing and magnitude.
Bhopal's district administration proposes an 18% average increase in collector guideline rates for 1,283 locations, sparking opposition from real estate stakeholders who warn of housing affordability issues and economic repercussions. Deadline for objections extends, with CREDAI and public representatives urging a revision.
Chandigarh's real estate association condemns proposed collector rate hikes, citing threats to affordability and stalled market growth due to existing registration bans.
The Chandigarh Administration's significant hike in collector rates, effective April 1, 2025, impacts various property types, leading to widespread criticism from traders and property dealers.
Bhopal property prices to surge by 5-250% in 230 areas starting April 2025. Proposed rate hikes by district officials mark a second increase in one year, challenging home buyers and reshaping local real estate dynamics.