Property became expensive at 3500 locations in MP, hold in Bhopal, highest rate increase of 3 percent in Indore..!

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Palpal correspondent, Bhopal. Property prices have been increased in 3500 locations in 55 districts of MP. Collectors of the districts had sent proposals to increase the government’s income from stamp duty and registration charges on properties at 1 lakh 12 thousand locations.

The Central Evaluation Committee has approved the proposal to increase the prices in the collector guidelines. Among the big metros, the highest increase of 3 percent has been made in Indore. Prices have been kept on hold in Bhopal. In the matter of increasing the property prices in Bhopal, the Collector will call a meeting of Bhopal CREDAI (Confederation of Real Estate Developers Association of India) and give suggestions (only after this the decision to increase the prices will be taken. This decision is in the matter of Collector Guidelines related to land of Bhopal. The Central Evaluation Committee has taken.

It is noteworthy that Bhopal MP Alok Sharma and MLA Bhopal South West Bhagwan Das Sabnani had demanded from Deputy CM and Finance and Commercial Tax Minister Jagdish Deora not to increase the property prices. Along with this, Bhopal CREDAI had also opposed it. Regarding this, he had written a letter to the MP and MLA saying that CREDAI’s side is not heard. Therefore, IG Registration has decided that first Bhopal Collector will listen to CREDAI’s side and after that the proposal sent regarding the increase will be considered.

The pressure on the general public and industries due to untimely and excessive increase in circle rates in Bhopal. To find a solution, CREDAI met Deputy Chief Minister Jagdish Deora. Deputy CM took the issues seriously. The proposal to increase property rates from 5 to 200 percent in total 243 locations of Bhopal is currently on hold. This morning, before the meeting of the Central Evaluation Committee, Bhopal MP Alok Sharma met Finance Minister Jagdish Deora at his residence. After this, CREDAI members also came to meet the Finance Minister.

Source : palpalindia
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