Haryana Updates Collector Rates with Data-Driven Approach
CHANDIGARH: The Haryana government has updated the collector rates throughout the state using a transparent, data-driven approach that reflects current market values, according to an official spokesperson on Tuesday. The revision is based on an analysis of the top 50% of property registrations in each segment where transaction values exceeded existing collector rates, ensuring alignment with market trends. No increases have been made in segments where transaction values rose by up to 20% above the current rates. For other segments, rate adjustments have been applied in increments as follows: 15% for a 20-35% variation, 25% for 35-70%, 30% for 70-100%,…