Mohali Collector Rates Increase by 20%-32%
MOHALI: In a move that could impact the real estate sector, the Mohali district administration has announced a collector rate increase for residential properties ranging from 20% to 32% based on locality for the financial year 2025-26. The new rates will take effect starting October 23. Notably, commercial property rates will remain unchanged. For a complete list of the revised rates, please visit the official district website at www(dot)sasnagar(dot)nic(dot)in. In municipal jurisdiction areas, residential rates have escalated by 5% to 33%. Last year, adjustments were made in September, with increases spanning from 26% to 50%. This year’s rate per square…