GMADA's bold move raises property base rates by ₹5,000 to ₹15,000 per square yard for 2025-26, boosting valuations and registration fees in Mohali. Critics slam it as revenue grab over welfare, hitting buyer affordability amid signals of robust market growth and higher costs for plots in key sectors.
A proposed 18% increase in Bhopal’s collector guideline rates across 1,283 locations has sparked protests from realtors, buyers, and politicians. The hike, aimed at aligning prices with market realities, faces backlash for potentially dampening affordability and triggering legal challenges.