Haryana's Real Estate Hike: Congress Condemns Steep Rise in Collector Rates
The Congress has criticized the Haryana government for significantly increasing the collector rates for property registration, which it claims will thwart the common man's aspiration of owning a home. Despite government claims of a mere 10% increase in most areas, the opposition alleges otherwise, demanding a rollback.

- Country:
- India
The Congress launched a fierce criticism against Haryana's government over the recent significant hike in property registration collector rates. Congress contends that the new rates could shatter the common man's dream of homeownership and demands a rollback.
While the state government claims an increase of just 10% in over 70% of Haryana, Congress alleges the hike exceeds 130%, imposing an estimated Rs 5,000 crore annual burden on citizens. They argue that such a move, without public consultation, indicates a dictatorial approach.
Congress leader Randeep Singh Surjewala accused the government of colluding with builders to benefit financially from increased stamp duties. The surcharge comes amid already high construction material prices and inadequate public services, making housing increasingly unattainable for ordinary people.
(With inputs from agencies.)
ALSO READ
ED arrests Sandeep Yadav and Arvind Walia, directors of real estate company Ramprastha Group, in homebuyers fraud linked PMLA case: Officials.
Major Real Estate Fraud Unveiled: Directors Arrested
Goa's Substantial Wage Hike for Daily Workers
Dr Reddy's Marginal Profit Hike Amid Market Pressures
India's Real Estate Sector Faces Premiumization Amid Affordability Challenges