Circle rates in Delhi hiked, home prices to zoom

Delhi prices hiked

Circle rates in Delhi hiked, home prices to zoom

New Delhi: residence costs in Delhi should zoom function further with Delhi Govt consolidated cost of climbing-the lowest rating of the area and real estate-to check up to 200%, dark cash in the deal. The cost in the classification of A cities such as defence community, greater Kailash, Gulmohar recreation area, Panchsheel enclave, Anandlok, natural recreation area, tennis, hyperlinks and Hauz Khas migrated was to 200%. Costs by Delhi Cabinet accepted on Wed 2.15 was a new group amount for category A cities compared to current amount of RS. lakh lakh RS. 6.45 per rectangle meter set. This means that no one would be allowed to buy area and immovable qualities in these cities for less than lakh RS. 6.45 per meter square. The cost in the class B quarters like Ganj Andrews, Kalkaji, Munirka Vihar and Nehru enclave were improved by 50% for the relaxation of the places, set the increase at 22%.
Post-election Cabinet was RS. 2,04,600 per rectangle meter set for B category cities compared to the today's amount of RS. 1,36,400 per meter square. Delhi income Assistant Dharampal said the Govt decision taken the group to the dark bar element in handling the property cut to increase. He said Govt needs to produce an additional revenue of RS. 200 crore from group costs. In 2011 / 12, the Government of Delhi RS. 2,000 crore result of qualities and RS. 1,300 registration had gained crore financial gained so far in the presence. Dikshit said that influenced how the last increase was in Nov, 2011 consolidated cost have been improved. "The current costs are quite lower than costs in relation to become where the existing industry. Therefore, they increase the choice,"said Dikshit, including"In order to control distribution of dark cash, it the lowest cost of the Group has become essential to rationalize."

The Cabinet has a supportive perspective in which relate to increasing the costs in cities, groups C, D, E, F, G and H for C-category the place has the Group amount to RS. 1,33,224 per meter rectangle from the present RS. 1,09,200 migrated was, while in neighborhoods under D classification the new cost RS. 1,06,384 against the current size of the RS. 87.200, she said. The amount for the cities under the category has E were hiked by RS 47.840 to RS. 58.365 per metre rectangle, while for F category cities are the amount of RS. 47.140 compared to the today's amount of RS. 38.640. In category G spot will be the new amount RS. 38.442 per metre rectangle to current RS 31.510 during H category cities it has hiked to RS. 19.361 of RS 15.870. The cost of the Group were presented for the first time in the year 2007, the investment be divided into eight groups in Delhi and seal (prevention of undervaluation of the instrument), were informed under the terms of the guidelines of Delhi 2007 on September 18, 2007.