India

Delhi Congress demands public consultations on property rate revision

January 14, 2026

New Delhi, Jan 14 (UNI) Delhi Pradesh Congress Committee President Devender Yadav on Wednesday said any decision to alter circle rates—the minimum valuation set by the government for property transactions—should only be made after consultations with Resident Welfare Associations and the public. He warned that an increase would raise property costs and associated taxes for buyers. Yadav referenced the last revision in 2014, enacted during President’s Rule, which saw rates rise by 20 per cent.

Central India's Premier English Daily

Credit: Centralchronicle

Key Highlights

He claimed the current BJP-led administration is considering a hike ranging from 10 to 40 per cent across different property categories.
According to figures he cited, current circle rates in top-tier areas stand at Rs.
7,74,000 per square meter, scaling down to Rs.
23,280 per square meter in lower categories.
A significant proposed increase for agricultural land was also highlighted, with rates potentially jumping from the current Rs.

India

Sources

Delhi Congress demands public consultations on property rate revision

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Delhi Congress demands public consultations on property rate revision

Key Highlights

Sources

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