Summary:
The new rates will not be applicable for land acquisition for an old project that is in progress.”The district administration has received applications for circle rates around city’s main commercial destination — Sanjay Place. After final approval of the state government, the new rates are likely to be implemented on August 1. Similarly, land rate around MG road, Trans Yamuna and part of old city which are, at present, between Rs 70,000 and Rs 95,000 per square meter are demanded around Rs 60,000. Separate rate list will be prepared for agricultural and non-agricultural land. A proposal for determination of rates is being prepared..