Summary:
RANCHI: Those hoping to invest in urban real estate can count on land rates remaining unchanged for another year. And when land rates do change, the hike won't be more than 20%.The state revenue registration and land reforms department notified new regulations governing land rates. "Earlier, land rates were revised annually in urban areas and every two years in rural areas. This year, only rural land rates, last changed in 2016, will be revised." "Till now, there was only a minimum rate of increase - 5% in rural areas and 10% in urban areas..