Uttarakhand govt to reduce land circle rates by 50%
DEHRADUN: The Congress government in Uttarakhand has decided to reduce land circle rates in urban and semi-urban areas by around 50 per cent.
At a meeting chaired by chief minister Harish Rawat yesterday, the state cabinet gave its nod to a proposal recommending about 50 per cent reduction in land circle rates, revising its own decision taken in January this year, an official release said.
The state government had effected an increase of 10-30 per cent in land circle rates in January this year, drawing flak from a number of quarters and opposition BJP, which has since been demanding revision of circle rates to bring relief to the common man.
Circle rate is the minimum value fixed for land, house and other real estate transactions.
Chief secretary Shatrughna Singh said it will give relief not only to the common man but also to builders and realtors.
After being reinstated to power, the Harish Rawat government has held a slew of cabinet meetings to take decisions intended to please the masses, including regularisation of guest teachers.