subject: Circle Rates Attack Delhi [print this page] After the advice of supreme court, government has taken serious initiative to prevent the black money in properly affairs. Around 20% circle rates will be increase in almost each category. Again there will be a high stroke of up market to the one who wants there home in Delhi. Revenue department of Delhi govt. once again has decided to increase the circle rates in the purchase sales tax of property. The plea of the department is to take initiative to over the black money in the affair of real estate. . circle rate in Ghaziabad.
If these rates will be increased then the annually earnings of govt. will be raise upto 600 crores. This means that the govt. has raise the circle rates twice in the previous year. Now from category A to H every purchase sales tax in property flat will increase almost 20% of circle rate so that in the treasure of govt. every year there is an increase of 600 crores. In this reference, according to the department today also the circle rates of property in delhi is still less than the market rate, this is the only reason that the black money is continuously increasing. In these affairs this is not necessary to say that due to black money only the property rates are unbelievably increasing whose wreck has to undergo by a common man, whereas in these affairs black money can be changed in white money. According to the department, in the neighbouring regions like gurgaon, & noida the circle rates are very less as compare to delhis circle rates. Thats why there must be an increase in the circle rates.
Secondly, supreme court has also decided to take serious steps to prevent the black money in property affairs. Thats why there will be an increase of 20% in the circle rates. . circle rate in Ghaziabad. CIRCLE RATES FLIPS NOIDA ALSO According to the stamp department the new circle rate of plot will increase upto 65000 in A category. The stamp department has invoked the new circle rates from 18th july. Now, due to a massive alternation in the category of different sectors. According to this source, Registry department has approach the administration to increase the circle rates upto 25%. There are some prime location sectors whose category has been changed from C to A & E to B. The authority in his decision has fixed foremost 54 thousand 105 rs per sq meter to sector of A category. Now, if any standard distributor wants to sale these plots then their registry will be expensive & they have to pay stamp due according to the increase circle rates. DIG stamp on the basis of registry department in the favour proposed rate has said that the authority can allot any person of A category flat in 54,105 per sq meter. After that hell pay off 11% lease rate, 5% stamp duty 1-2% registration fees. Now, if anybody resale the property at a profit of 10% then also the price increase to 69,500 rupees. . circle rate in Ghaziabad.
