Land circle rates to go up in Uttarakhand, Doon outskirts to see major hike
Circle rates of land in Uttarakhand are set to go up soon, an official said here on Wednesday.dehradun Updated: Oct 25, 2017 19:39 IST
Circle rates of land in Uttarakhand are set to go up soon, an official said here on Wednesday.
The maximum increase of up to 40% would be on the outskirts of Dehradun city where rapid colonisation is taking place. Some of the major areas are Sahastradhara Road, Shimla Bypass, Harrawala, Doiwala road.
The circle rates have not been increased in the hill state since January 1, 2016. The rates were to be revised on January 1, 2017, but the state government did not implement them due to the assembly election.
The circle rates are the rates of land set by the government and are given in price metre square. It is the rate which the government pays for acquiring a piece of property. The market rates are, however, quite expensive than the circle rates.
Finance secretary Amit Negi said the circle rates were in the process of revision.
“The DMs would be giving the report to the government after which the new rates would come into effect very soon,” he said.
Sources said rural areas or areas that are outside the ambit of the city would see the maximum increase in the circle rates.
Additional district magistrate (finance) Dehradun Vir Singh Budhiyal said the areas with ongoing developments as housing projects may see 15% to 40% increase in circles rates.
The increase inside the city areas or the main markets or prime roads as the Rajpur Road would be between 5-10%, he said.
Budhiyal also pointed out that they had been given a format for the increase of circle rates along with the areas which they had filled up after proper survey of the areas and sent back to the government.
“The circle rates would be decided on the basis of this form and they would come into effect in the near future,” Budhiyal said.