Gurugram Property Rate: Property rates are going to increase in Gurugram and living in this posh city of NCR region will prove to be more expensive.
Gurugram Property Rate: Gurugram ranks very high in the list of Delhi-NCR’s most expensive cities and now buying property here is going to be more expensive. From December 1, property rates in Gurugram are going to increase and living in Gurugram will prove to be more expensive. Here the collector circle rate is going to increase by 10 to 20 percent, after which whether you buy land or flat, you will have to shell out more money for them.
Expensive property in Gurugram from December 1
From December 1, commercial, agricultural and residential properties in Gurugram are all going to become expensive and changes will be seen in their valuation rates. Final approval has been received for this from the state government and the revenue department. These changes will remain in force till the end of the current financial year i.e. March 31.
On what basis will the new property rates be applicable
Property prices have been increased in Gurugram on the basis of the current situation of the state’s property market and regional valuation. The common citizens already knew that the property rates were going to increase here and now it has also been officially announced. From Sunday, December 1, property can be purchased only on the basis of the new circle rate.
In which areas the circle rate of property increased by 30 percent
In those areas where the value of land was high, a 30 percent increase in the collector rate is being implemented and this includes prime property locations. After this increase, obviously more money will have to be spent for land, house and shop. Information about the implementation of these new rates has been released by the Deputy Collector. A few days ago, the Haryana government had announced an increase in the collector circle rate here and only after this, it was estimated that property would become expensive in Gurugram.