{"id":29994,"date":"2015-04-08T11:12:30","date_gmt":"2015-04-08T05:42:30","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=29994"},"modified":"2020-06-15T03:08:06","modified_gmt":"2020-06-14T21:38:06","slug":"29994-no-hike-in-circle-rates-in-gurgaon","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/29994-no-hike-in-circle-rates-in-gurgaon\/","title":{"rendered":"No hike in Circle Rates in Gurgaon"},"content":{"rendered":"

\"gurgaon-circle-rates\"<\/a>Delhi\/NCR:<\/strong> Hoping for the recovery of the real estate sector in Gurgaon, the Haryana government has decided not to raise the circle rates for the fiscal year 2015-16.\u00a0Since the financial year 2009-10, the city is witnessing hike in circle rates however due to the sluggish real estate market, the state government for the first time in 6 years has decided not to increase the circle rates. According to the district revenue officer, circle rates in urban localities is already too high thus more increase can make the situation more worse. No change in circle rates can attract homebuyers and improve the market condition.The circle rates generally increase by 10 to 15 % every year; however a board of revenue department officials led by deputy commissioner has suggested the Haryana government that there should be no hike in circle rates.As per the sources, this decision of state government would attract the homebuyers and invite them to invest in Gurgaon properties. The slow-moving real estate sector will definitely get boosted with this no hike in circle rates. Increase in rates would have negative impact on the sector. If the hike took place, the state government would have benefited with increased revenue but the transactions would drop down drastically.According to the information provided by the revenue officer, in some of the villages of this state, the circle rates on agricultural lands have increased.\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a>\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Delhi\/NCR: Hoping for the recovery of the real estate sector in Gurgaon, the Haryana government has decided not to raise the circle rates for the fiscal year 2015-16.\u00a0Since the financial year 2009-10, the city is witnessing hike in circle rates however due to the sluggish real estate market, the state government for the first time […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-29994","post","type-post","status-publish","format-standard","hentry","category-realty-news"],"blocksy_meta":[],"yoast_head":"\nNo hike in Circle Rates in Gurgaon -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/29994-no-hike-in-circle-rates-in-gurgaon\/\" \/>\n<meta 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