Lucknow's 2025 circle rate revisions significantly increase property costs with 20-25% hikes for residential plots, 25% for non-agricultural land, and up to 50% increases in commercial sectors from August 1, impacting stamp duties and buyer strategies.
Karnataka to permit conversion of agricultural land for non-agricultural use within a week, aiming to curb corruption and expedite the process for landowners.
Gujarat received 56,000 applications to convert agricultural land for non-agricultural use in 2019-2020, generating over Rs. 2,000 crore in revenue.