Chandigarh, March 31 The Haryana government has revised collector rates across the state through a transparent and data-driven process that aligns with market values, an official spokesperson said on Tuesday.
The revision is based on an analysis of the top 50 per cent of property registries in each segment, where transaction values were higher than existing collector rates, ensuring closer alignment with market trends.
No increase has been made in segments where transaction values were up to 20 per cent above the existing rates.
In other segments, rates have been increased in slabs: 15 per cent for 20-35 per cent variation, 25 per cent for 35-70 per cent, 30 per cent for 70-100 per cent, 45 per cent for 100-150 per cent, 60 per cent for 150-200 per cent, and up to 75 per cent for variations above 200 per cent.
The exercise covered 160,752 segments, of which 68.80 per cent saw no increase. In the remaining segments, hikes were applied across different slabs based on the variation in transaction values.
The spokesperson said the move aims to ensure transparency in property transactions, curb unaccounted money, and promote fair dealings.
The government said it will continue to adopt transparent and data-driven decision-making.