Haryana's Skyrocketing Collector Rates Stir Controversy

The Haryana government's decision to revise collector rates for property registration has sparked controversy, with critics fearing a sharp rise in land prices. The revised rates, slated for implementation from August 1, are seen as aligning collector values with prevailing market rates, causing concern among opposition leaders.

Congress leader Bhupinder Singh Hooda has voiced strong opposition, labeling the move as burdensome for middle and lower-income groups. Gurugram and Rohtak districts are among those seeing significant hikes, with residential rates proposed to rise by up to 77 percent in certain areas.

Despite criticism, Chief Minister Nayab Singh Saini defended the decision, arguing that the new rates reflect current market realities and will not additionaly pressure common people. Meanwhile, the debate highlights broader economic challenges as Haryana navigates the complex dynamics of property valuation.

(With inputs from agencies.)