Gurugram: Now submit objections to proposed circle rates' hike by January 25

Gurugram: Now submit objections to proposed circle rates’ hike by January 25

GURUGRAM: The deadline to submit objections and suggestions to the proposed hike in circle rates in Gurgaon for the 2021-22 fiscal has been extended to January 25, officials said. Earlier, the deadline was January 15.

The decision to extend the deadline by 10 days was taken by Sanjeev Kaushal, additional chief secretary and financial commissioner of Haryana’s revenue and disaster management department, after he held a virtual meeting with the deputy commissioners of all districts on Monday.

The circle rate or collector’s rate is the minimum value that state governments have set for the sale or transfer of a plot, built-up house, apartment or commercial property.

Officials said that Kaushal had sought a report on the feedback on circle rates from the deputy commissioners. At the meeting, Gurgaon’s deputy commissioner Yash Garg said that the district has received only eight suggestions and objections so far from the public.

“The objections and suggestions can now be submitted till January 25. We have received a mixed response from the public. While some are happy with the proposed circle rates, some have raised objections stating that homebuyers would suffer due to the hike in circle rates,” said Basti Ram, district revenue officer.

After the deadline of January 25 is over, “we will take one month to finalise the circle rates”, the district revenue officer added.

The new circle rates for the 2021-22 fiscal year will be implemented from April 1. Committees at the tehsil level were formed on the directions of the state government to decide the circle rates. The circle rates proposed by each of these committees have been uploaded on the website of the district administration.

Gurgaon’s home developers association had also met the deputy commissioner on January 12 and demanded at least a 10% decrease in circle rates to boost the real estate market struggling due to pandemic.

Moreover, the association had also submitted a representation that the proposed circle rate for builder floors should be rolled back. The existing circle rate of builder floor is Rs 5,500 per sq ft and the proposed rate is Rs 6,500 per sq ft.