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Haryana Hikes Property Valuations Again, Collector Rates Climb 10–50% From August 1

Officials project about ₹2,000 crore in extra revenue from duties on newly valued properties that better reflect market prices.

Overview

  • The state’s second revision in eight months raises collector rates by 10%–50% across urban and rural districts starting August 1.
  • Gurgaon’s South City 1 tops the list at Rs 90,000 per square yard, while Panchkula’s Mansa Devi Complex sectors 4–6 jump to Rs 99,000 per square metre.
  • Outlying areas remain more accessible, with rates in Gurgaon’s Sector 95A holding at Rs 2,830 per square yard and other peripheral sectors under Rs 6,000.
  • Revenue and Disaster Management officials say the adjustment will generate roughly ₹2,000 crore in additional stamp duty and registration fees.
  • Developers and dealers praise valuation transparency but caution that sharper duties could dampen transactions and unsettle buyer confidence.