200% rise in property rate at 243 places

Collector guideline approved on Monday. Steep hike in property rates at Kolar and Huzur

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Property rates have been increased up to 200 percent in Bhopal in the collector's guideline that was approved on Monday. Steep increase in property rates was witnessed in Kolar and Huzur tehsils.

Property rates of 243 locations including prime locations like Arera Colony from E-1 to E-7, 10 Number Market, Arera Hills, Katara Hills, MP Nagar, Board Office have been affected with this guideline. Rate from 100 percent to 200 percent increased at about half-a-dozen locations. Out of 243 locations, 161 locations are in urban areas and 82 locations are in rural areas.

BUILDERS UNHAPPY