Collector Rates Revised; Chandigarh Property Prices Up
CHANDIGARH: Starting from April 1, purchasing property in the city will become more expensive, particularly for residential options. The Chandigarh administration has raised collector rates across all categories, with the most significant increase occurring in the residential sector—up to 33% in plotted areas, up to 25% for housing board flats, and up to 15% for society flats. Last year, there was a nearly 130% increase in collector rates for sectors 1 to 12, 96% for sectors 14 to 37, and 80% for sectors beyond 38. In the previous revision in April 2021, rates for commercial properties were reduced by 10%,…