Ayodhya administration set to revise circle rates
AYODHYA | LUCKNOW: People looking to invest in property in Ayodhya will have to pay more to execute transactions as the district administration is set to revise the circle rate of the land upwards. According to officials, the benchmark rates of residential properties in prime areas could increase by about 40%, while agricultural land on the outskirts would be increased by 10-30%. The new rates will take effect from Saturday, and buyers will need to pay increased stamp duty. The circle rates in Ayodhya were not revised since 2017. Noting the increased value of properties mentioned in sale deeds, the…