Tuesday, August 31, 2010

Circle rates of some Delhi colonies to rise further

The Delhi government Monday decided to throw open the revised circle rates - the minimum selling price of a plot - of properties in the city to public opinion after discussing a committee report, which has decided to further increase the rates of some colonies. 

Chaired by Chief Minister Sheila Dikshit, a cabinet meeting decided to defer a decision on the circle rates on the sale and purchase of properties, noting that people can send back their opinion on the matter within six weeks, following which a final decision will be taken. 

According to a source, a three-member committee, set up to look into complaints that circle rates of some colonies were too high and of others too low, gave its report deciding to hike the rates of some of the colonies. The committee also noted discrepancies in the already decided rates. 

As per the recommendation, Bhera Enclave, a northwest area in which Delhi's Public Works Department Minister Raj Kumar Chauhan lives, has seen an increase of circle rates from Rs.43,000 per sq. metre fixed last time to Rs.86,000 now. The circle rates in areas near Bhera Enclave are already fixed at Rs.86,000.  

with thanks : SIFY : Link in headline for detailed news.

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